Words / F / Law

FRAND

adjective/frænd/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

Denoting the fair, reasonable and non-discriminatory basis on which essential patents must be offered to implementers.

The parties went to trial precisely because they could not agree what a FRAND royalty rate should be.

Topic: Intellectual property in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Intellectual property