Patent Law requirement. An invention must have some particular purpose that qualifies such as a new and unique process or method (utility patent) or a unique design (which doesn't have to improve functionality, just appearance and is called a design patent.) … [Read more...] about USEFULNESS
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USUFRUCT
(A) The right to use property or income from property that is owned by another. (B) civil law. The right of enjoying a thing, the property of which is vested in another, and to draw from the same all the profit, utility and advantage which it may produce, provided it be without altering the substance of the thing. 2. The obligation of not altering the substance of the thing, … [Read more...] about USUFRUCT
UNSECURED DEBT
A debt that does not have a security or collateral pledged. In the event he debtor defaults, the creditor cannot seize any property which the loan may have been used to purchase. The creditor may only sue for money damages pursuant to a judgment. See Secured Debt. … [Read more...] about UNSECURED DEBT
URBAN
Relating to a city; but in a more general sense it signifies relating to houses. … [Read more...] about URBAN
UNSECURED LOAN
A loan that is not secured by a security and is obtained on the strenght of the borrower's reputation. … [Read more...] about UNSECURED LOAN