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Protect
(redirected from protectable)

   Also found in: Dictionary/thesaurus, Legal 0.01 sec.
Protect
Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances, as follows:
At a price: If the stock trades at a certain price or price range, the trader will show this market to the salesperson and thus allow participation under these favorable circumstances.
Floor protection: Representation of a client on the floor of the exchange-so that if size were to trade at his price or a better price, salesperson would participate.
Volume (OTC): If a certain amount of volume trades (that parallels the protectee's interest), trader assures salesperson of reasonable participation in the trading activity. The extent of this protection depends on liquidity, number of market makers, and other aspects of the stock.


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The trial court dismissed N&M's complaint, finding that it had no protectable interest in preserving the municipal lots.
Pivotal to the Third Circuit's de novo review of the lower court decision was a determination of whether the show was, as argued by the NFL, merely a documentary which constituted informational and/or artistic expression protectable under the First Amendment or, as argued by the estate of Facenda, a "commercial" for the upcoming release of EA Sports' latest edition of "Madden NFL 06".
79) In order to succeed on a claim of infringement, a producer must show it has legally protectable trade dress, and the alleged infringer's actions are likely to cause consumer confusion.
 
 
 
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