Legal Definitions - leakage

Definition: Leakage refers to the loss of a liquid from its container. It can also refer to a reduction in the value of intellectual property due to unauthorized copying.

Example 1: If a bottle of water has a crack in it, water may leak out of the bottle and be wasted.

Example 2: A company may experience leakage of their profits if someone copies their product without permission and sells it for a lower price.

The examples illustrate how leakage can result in a loss of resources, whether it be a liquid or intellectual property. In both cases, the loss can have negative consequences for the owner of the resource.