So, imagine if you’ve thought of a great idea that you’ve put a lot of hard work and time into.  

Imagine how would you feel if your idea was stolen or someone else got the credit for your idea? To ensure that doesn’t happen, make sure you know the basics of intellectual property (IP).

Listed below are the key intellectual properties terms that you need to know.

1. Copyright is a form of intellectual property which gives the creator of an original work exclusive rights for a certain time period in relation to that work, including its publication, distribution and adaptation; after which time the work is said to enter the public domain. Copyright applies to any expressible form of an idea or information that is substantive and discrete. 
2. A trademark is a type of intellectual property, and typically a name, word, phrase, logo, symbol, design, image, or a combination of these elements.
3. A patent is a set of exclusive rights granted by a state to an inventor or his assignee for a limited period of time in exchange for a disclosure of an invention.
4. Company name This can be incorporated using a service like companyformations247.co.uk
5. Domain name This is normally the first thing you might buy.  I’ve put it last so that you don’t forget to do it first!

Content source: wikipedia