Do You Know the Difference: Trade Name Vs Trademark
The terms "trade name" and "trademark" are often used interchangeably, but they refer to different aspects of intellectual property law and business identity. Here's a comprehensive explanation of each term and their distinctions: Trade Mark Name: A trade name, also known as a business name, is the official name under which a company conducts its business activities. It is the name by which a business is known to its customers, suppliers, and the general public. Trade names are primarily used for identification and marketing purposes. Some key points about trade names include: Legal Entity : A trade name is not a form of intellectual property like a trademark. Instead, it is simply the name under which a business operates. Registration : While businesses may register their trade names with local government authorities for legal purposes, this registration does not grant exclusive rights to the name or protection from others using a similar name. Distinctiveness