What is a trademark?

A trademark helps a company stand out from its competitors by identifying its products or services. This can include names, logos, designs, colors, and even sounds. Once registered, the trademark owner has exclusive rights to use it for certain products or services in a specific area for a certain period. The symbols used are ® for registered trademarks, TM for trademarks that are not yet registered, and SM for service marks that are in the process of being registered.