A grant from the federal government conferring the rights to exclude others from making, selling, or using an invention for a specific period of time is referred to as a:

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A grant from the federal government that confers the rights to exclude others from making, selling, or using an invention for a specific period of time is referred to as a patent. Patents protect innovative products, machines, processes, and designs. Trademarks are used to identify and distinguish goods and services, copyrights protect works of authorship, and ideas secrets are confidential information that companies keep to themselves to maintain a competitive advantage.

A Grant from the Federal Government Conferring the Rights to Exclude