generic mark
Definition
A legally unprotected distinguishing
mark, usually in the form of a symbol or a word used to categorize
and define a type of product or service. Refers to the trademark names of the goods and services that have lost their
trademark protection properties over time due to generic usage by the consumers and competitors. Examples include names like
Vaseline, Cellophane, Trampoline and Yo-Yo.
clean
Definitions (4)
1. Accounting: Auditor's certificate that is free from any adverse opinion.
2. Finance: State of being free
from debt, such as a 'clean balance sheet.'
3. Shipping: Documents that are free
from any adverse endorsement, such as a clean bill of lading.
4. Trading: Draft or bill of exchange to which no shipping document is attached, issued to customers in good credit standing. See also clean collection.sbank.in
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