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.
DEFINITION of 'Intellectual Property'. A broad categorical description for the set of intangibles owned and legally protected by a company from outside use or implementation without consent. Intellectual property can consist of patents, trade secrets, copyrights and trademarks, or simply ideas. The concept of intellectual property relates to the fact that certain products of human intellect should be afforded the same protective rights that apply to physical property. Most developed economies have legal measures in place to protect both forms of property.