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Financial terms in "Fraud"

1. Ponzi Scheme

2. False Accounting

3. Serious Fraud Office

4. Kickback

5. insider trading

6. Creative accounting

7. ghosting

8. Identity Theft

9. forensic accounting

10. front company

11. Book

12. Short-change

13. fraud

14. boiler room fraud

15. funny money

16. kite

17. Embezzlement

18. Day of the Jackal fraud

19. phishing

20. false market

21. Piracy

22. launder

23. hot money

Featured term of the day

Definition / Meaning of

Section 15 Declaration Of Incontestability

Categories: Patent,

a sworn statement, filed by the owner of a mark registered on the principal register, claiming “incontestable” rights in the mark for the goods/services specified. An “incontestable” registration is conclusive evidence of the validity of the registered mark, of the registration of the mark, of the owner’s ownership of the mark and of the owner’s exclusive right to use the mark with the goods/services. The claim of incontestability is subject to certain limited exceptions set forth in §§15 and 33(b) of the trademark act, 15 U.S.C. §§1065 and 1115(b). 15 U.S.C. §1065. Filing a Section 15 Declaration is optional. However, there are certain rules governing when one may be filed. A §15 Affidavit may not be filed until the mark has been in continuous use in commerce for at least five consecutive years subsequent to the date of registration for marks registered under the Act of 1946 (and subsequent to the date of publication under §12(c) of the trademark act, 15 U.S.C. §1062(c), for marks registered under the Acts of 1905 and 1881 for which the benefits of the Act of 1946 have been claimed). The §15 Affidavit must be executed and filed within one year following a 5-year period of continuous use of the mark in commerce. Marks registered on the supplemental register are not eligible for claims of incontestable rights under §15. -- see File a §15 Declaration

Most popular terms

1. Fixed Annuity
2. Self-insured Retention (SIR)
3. Sublimit
4. Employer Sponsored Retirement Plan
5. Corridor Self-insured Retention
6. Community Reinvestment Act Of 1977
7. Price-to-earnings Ratio (P/E)
8. Life Settlement
9. Increase
10. Budapest Stock Exchange (BSE)

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