Topical Terminology  

       

Topical Terminology > Assignment, In Gross



1 Definition

Assignment, in gross

For Assignment, in gross we have a term and definition in Trademark.



Assignment, In Gross (Trademark)

Assignment of a mark without the necessary transfer of goodwill associated with the mark. Such assignments are invalid, and result in abandonment of the trademark. If so, the person to whom the mark was assigned will no longer have the benefit of the assignor's earlier first use date to establish priority.




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