Counterfeit

Definition:
In general, counterfeit goods are copied and packaged to resemble genuine/legitimate goods as closely as possible. The legitimate producer's trademarks and logos are reproduced in order to deceive consumers into thinking they are buying the genuine merchandise.

Overrun goods

Definition:
When a producer has authorization from an IPR holder to produce goods but exceeds the quantity, the excess goods are "overrun goods."

Renewal

Definition:
The extension of a registration of a trademark or the extension of a copyright.

Watch List

Definition:
Official U.S. designation that describes the level of intellectual property problems in a given country; countries having some intellectual property problems -- but not serious enough to be placed on the "Priority Watch List".

First Sale Doctrine

Definition:
An exception to the exclusive right of a copyright owner to distribute copies or phonorecords of the copyrighted work. Under this principle, the copyright owner has the right to sell a copy of a book but not the right to control subsequent sales of that copy.

Fastener Quality Act

Definition:
Fastener Quality Act (15 U.S.C. 5401 et seq., as amended by Public Law 104-113, Public Law 105-234, and Public Law 106-34); implementing regulations: 15 C.F.R. Part 280.

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