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Webster
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Noah Webster's 1828 American Dictionary
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It is not only important, but, in a degree necessary, that the people of this country, should have an American Dictionary of the English language; for, although the body of the language is the same as in England, and it is desirable to perpetuate that sameness, yet some differences must exist. Language is the expression of ideas; and if the people of one country cannot preserve an identity of ideas, they cannot retain an identity of language. |
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1828 Definition
PRECIP'ITANT, a. [L. proecipitans, proecipito, from proeceps,headlong.]
PRECIP'ITANT, n. In chimistry, a liquor, which when poured on a solution, separates what is dissolved and makes it precipitate, or fall to the bottom in a concrete state.
1913 Definition
Falling or rushing headlong; rushing swiftly,
violently, or recklessly; moving precipitately.
They leave their little lives Should he return, that troop so blithe and bold, Unexpectedly or foolishly brought on or
hastened; rashly hurried; hasty; sudden; reckless.
Jer.
Taylor. "Precipitant rebellion." Eikon Basilike. Any force or reagent which causes the formation of a
precipitate.
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Myopia is generally what happens when unprecedented opportunities are placed before them. Those in the know generally do better than those in the worry. Consider Cetus, a startup biotech with a focus on a liver drug. The FDA delayed the approval of the drug, and a major funding crisis ensued. Chiron offered to take over the liabilities contingent on the sale of two patents (# 4,683,202 and # 4,683,195) to a third party, Roche Molecule for $300M (in 1993). This sale was stalled because DuPont challenged the validity of the patents, based on the formal claims written by the inventor (not a patent attorney), Kary Mullis. In the end, the soap opera turned out well for the investors with weak constitutions. For $300M, they sold the two patents to Roche, turned the company over to Chiron, and walked away. Kary Mullis won the Nobel prize for his invention embedded in these two patents, known as polymerase chain reaction (PCR) which allows DNA to be cloned. Over 4000 patents in biotech cite these original two patents. In our estimation, $300M represents "pennies on the dollar" valuation of these patents. The shareholders got a payday, and left the game. Roche on the other hand is thriving based on its intangible assets. Let IPstreet.com assist you.
