One-Year Rule

Business, Legal & Accounting Glossary

Definition: One-Year Rule


One-Year Rule


What is the dictionary definition of One-Year Rule?

Dictionary Definition


The rule that requires a patent application to be filed within one year of the following: any public use of the invention by the inventor, a sale of the invention, an offer to sell the invention, or any description of the invention by the inventor in a published document. Failure to file a patent application within this one-year period results in the invention’s passing into the public domain, where it is no longer eligible for a patent.


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Page URL
https://payrollheaven.com/define/one-year-rule/
Modern Language Association (MLA):
One-Year Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/one-year-rule/.
Chicago Manual of Style (CMS):
One-Year Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/one-year-rule/ (accessed: May 18, 2024).
American Psychological Association (APA):
One-Year Rule. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/one-year-rule/

Definition Sources


Definitions for One-Year Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd April, 2020 | 0 Views.