This can create large craters. With large bodies of water (oceans), the water flashes to steam while the lava cools and hardens (pillow basalts). Also remember, that lava does already contain low amounts of water. When this and other volatiles expand due to pressure release, explosive eruptions occur.
What is Intellectual Property? Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.
Rating Newest Oldest. Best Answer: While the above is true, I can think of another meaning: intellectual property. Intellectual property is basically the works you come out with and the copyrights or patents you have on them. How this related to video games is you'll often hear that a developer is coming out with a new IP, this basically means they're starting a new series that has nothing to do with any of their previous work. Source(s): http://en.wikipedia.org/wiki/Intellectua...