For so many, the term “IP” is a part of everyday life, but most Americans may only have the vaguest idea of what the term actually means. No, the IP I’m referring to is not your IP address that identifies your computer network. Be it in news reports, common usage, or in the disclaimers on many products, “IP” impacts our lives on a daily basis and in many ways we don’t even consider. The IP I’m referring to is intellectual property. Intellectual property is an intangible creation that may be protected with a trademark, copyright or patent. When you’re a creator, this is the most important type of protection you may ever need to be concerned with. Below is a brief explanation of the types of intellectual property and where you might see them.