Glossary of Terms: U-Z

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— U —

USPTO (US Patent and Trademark Office)
The government agency that manages and provides protection to the owners of patents and Trademark.

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— W —

Wholesale Price
The price per unit determined by the licensee, that a retailer pays to purchase licensed merchandise. Royalties are often calculated based upon the wholesale price.

Wholesale Price
Sales of refined products to purchasers who are other than ultimate consumers, i.e. sales for resale.

— X —

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— Y —

There are no entries for 'Y'.

— Z —

There are no entries for 'Z'.