IP theft

IP theft
(eye-PEE theft)
To take copyrighted material without permission, infringe a trademark, violate a patent, or otherwise steal the intellectual property of a person or company. Also: intellectual property theft.
IP thief n.
Example Citations:
At the Aug. 31 meeting, IFPI's Taiwan branch called on the president to implement more-permanent measures to stamp out music piracy in the territory. Within a week of the meeting, National Police Chief Wang Ching-guan reinstated the highly successful "K-plan" anti-piracy program for three more months, from September to the end of November.
Under the K-plan, the Ministry of Economic Affairs directed Taiwan's Second Security Police force to crack down on intellectual property (IP) theft in all categories, including recorded music.
— Tim Culpan, "Taiwan Gov't Will Support Piracy Fight," Billboard, October 14, 2000
Now that I've explained some of the ways that an IP thief can rip you off on the Net, I hope that I've made you just a little paranoid.
— Mark Grossman, "Why it pays to copyright your Web site," Palm Beach Daily Business Review, November 30, 1999
Earliest Citation:
Sources note several reasons for the rapid rise in IP theft. First, would-be pirates realize that privileged information has become far more valuable than a company's products or other physical assets. In one recent study of U.S. manufacturers, the Brookings Institution, Washington, concluded that hard assets (plant, property, and equipment) made up 62% of those companies' total market value in 1982; the rest of the value was represented by proprietary knowledge. Ten years later, hard assets accounted for only 38% of total value.
— H. Garrett DeYoung, "Thieves among us," Industry Week, June 17, 1996
Related Words: Category:

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  • theft — n [Old English thiefth]: larceny; broadly: a criminal taking of the property or services of another without consent ◇ Theft commonly encompasses by statute a variety of forms of stealing formerly treated as distinct crimes. grand theft: theft of… …   Law dictionary

  • THEFT AND ROBBERY — (Heb. גְּנֵבָה וּגְזֵלָה). An object which is in the possession of a person without the consent of its owner or any other person having a right thereto, when that person knows – or should know – that the latter does not consent, is considered to… …   Encyclopedia of Judaism

  • theft — /theft/, n. 1. the act of stealing; the wrongful taking and carrying away of the personal goods or property of another; larceny. 2. an instance of this. 3. Archaic. something stolen. [bef. 900; ME; OE thefth, theofth; see THIEF, TH1; c. ON thyfth …   Universalium

  • theft — [θeft] noun [countable, uncountable] the crime of stealing or an act of stealing something: • An employee was fired for theft. • Your property should be insured against theft. theft of • Thefts of property from cars rose 24%. iˈdentity ˌtheft… …   Financial and business terms

  • Theft — • The secret taking of another s property against the reasonable will of that other Catholic Encyclopedia. Kevin Knight. 2006. Theft     Theft      …   Catholic encyclopedia

  • theft — theft, larceny, robbery, burglary mean the act or crime of stealing, though they have differences in legal application. The same differences in implications and applications are observable in the agent nouns thief, larcener or larcenist, robber,… …   New Dictionary of Synonyms

  • theft — [θeft] n [: Old English; Origin: thiefth] 1.) [U] the crime of stealing →↑thief, burglary ↑burglary, robbery ↑robbery ▪ Car theft is on the increase. ▪ an arrest for petty theft (=stealing small things) ▪ Three men were charged with attemp …   Dictionary of contemporary English

  • Theft — Theft, n. [OE. thefte, AS. [thorn]i[ e]f[eth]e, [thorn][=y]f[eth]e, [thorn]e[ o]f[eth]e. See {Thief}.] 1. (Law) The act of stealing; specifically, the felonious taking and removing of personal property, with an intent to deprive the rightful… …   The Collaborative International Dictionary of English

  • Theft of services — is the legal term for a crime which is committed when a person obtains valuable services mdash; as opposed to goods mdash; by deception, force, threat or other unlawful means, i.e., without lawfully compensating the provider of said services. It… …   Wikipedia

  • Theft (disambiguation) — Theft is the illegal taking of another person s property without that person s freely given consent.Theft may also refer to:* A Theft , a 1989 American novel * The Theft , a 2006 metalcore song * , a 2006 Australian novelee also* Thief… …   Wikipedia

  • theft — [theft] n. [ME thefte < OE thiefth: see THIEF & TH1] the act or an instance of stealing; larceny SYN. THEFT is the general term and LARCENY the legal term for the unlawful or felonious taking away of another s property without his or her… …   English World dictionary