Copy Right Definition – What is Copy Right?

Accounting Glossary 

Copy right definition. Analyzing the definition of key terms often provides more insight about concepts. Copy right can be defined as – Right giving the owner the exclusive privilege to publish and sell music, literary, or artistic work during the creator’s life plus 70 years. Copy right is a firm of intangible asset, an asset that has value but an asset we cannot touch. Copy right is created through law, copy right law being designed to incentivize creation. Copy right law is critical to many large industries in the us, creation being a major export.