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The Everyday Dictionary of Law

The Everyday Dictionary of Law provides legal vocabulary currently in use in common law jurisdictions such as most notably, in the United States. The dictionary is compiled specifically for commercial and intellectual property law practitioners, which provides simple definitions and meanings in American English, for legal terms (including Latin terms) used in formal correspondence, court proceedings, and motion practice as well as common language words that are frequently used in the same. It is a simple reference guide for attorneys, paralegals as well as casual readers who need to check the meaning of a particular legal term in due course of their work.


The information provided by Carthaginian Ventures Private Limited d/b/a Copperpod IP (“we,” “us” or “our”) on this site is for general informational purposes only. All information on the website is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the site. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the site or reliance on any information provided on the site. Your use and  and reliance on any information on the site constitutes your understanding, acceptance and agreement of these terms and conditions.

Stage-Gate (TM) Innovation Process


The Stage-Gate (TM) innovation process provides a framework for product development from discovery and ideation through to launch. It describes a sequence of seven activities: discovery, scoping, building a business case, development, testing and validation, launch and post launch review. Between each of these activities there is a sequence of five gates. Gate 1 (between discovery and scoping) is referred to as the idea screen. There is a second screen between scoping and building the business case (Gate 2). Gates 3, 4 and 5 refer to 'Go to development,' 'Go to testing,' and 'Go to launch' respectively. A gate represents a decision point to determine whether a project should continue to the next phase or not. The framework is designed so that theoretically only the strongest ideas with the highest chance of commercial success should make it through each stage.

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