Concept · Fundraising and equity
Notice of allowance
Also called: allowance, patent allowed, allowed application
A notice from the patent or trademark office that an application has been approved, pending final fees or steps.
For example: After two rounds of office actions, the founder receives a notice of allowance and pays the fee to have the patent issued.
Connects to 3
- Office action Concept
- Non-provisional patent Concept
- Intellectual property Concept
This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.