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Noah Webster's 1828 American Dictionary
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R  ›  regrate
R  ›  regrate
1828 Definition

REGRA'TE, v.t.

1. To offend; to shock. [Little used.]

2. To buy provisions and sell them again in the same market or fair; a practice which, by raising the price is a public offense and punishable. Regrating differs from engrossing and monopolizing, which signify the buying the whole of certain articles, or large quantities, and from forestalling, which signifies the purchase of provisions on the way, before they reach the market.
1913 Definition
Regrate (regrate)
v. t.(r?*gr?t")
Re*grate"
[imp. *** p. p. Regrated] p. pr. *** vb. n. Regrating.] [F. regratter, literally, to scrape again. See Re-, and Grate, v. t.]
  1. To remove the outer surface of, as of an old hewn stone, so as to give it a fresh appearance.
  2. To offend] to shock.
    [Obs.] Derham.
  3. To buy in large quantities, as corn, provisions, etc., at a market or fair, with the intention of selling the same again, in or near the same place, at a higher price, -- a practice which was formerly treated as a public offense.

1828 dictionary
Noah Says...
The moral principles and precepts contained in the Scriptures ought to form the basis of all of our civil constitutions and laws....All the miseries and evils which men suffer from vice, crime, ambition, injustice, oppression, slavery and war, proceed from their despising or neglecting the precepts contained in the Bible.
 History of the United States :: 1832 




Joseph Schumpeter, known as the Prophet of Innovation, describes the importance of inventors in his Theory of Economic Development. Inventors are the "fiery-spirits" that disrupt the status quo with their vision of doing things 'better, faster, cheaper.' In the process, their inventions represent "the heroic intervention of individual men (or women) who appear as leaders toward new economic shores." We believe that intellectual assets, commonly taking the form of patented technology, are the least-understood and most-relevant resources to stimulate economic development through innovation. To make this happen, intellectual property (IP) needs to be more comprehensively understood so that better business decisions can be executed. This is why we are in business. An invention must have economic utility to benefit society. Some times, inventions are way before their time. However, most of the time, the business execution to commercialize the invention fails. In fact, those that conceptualize the invention rarely reap the rewards of the innovation's ultimate success.




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