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generic-drug law.A statute that allows pharmacists to substitute a generic drug for a brand-name drug under specified conditions. • Most states have enacted generic-drug laws to ensure that less-expensive generic drugs are available to consumers. [Blacks Law 8th]

generic drug.See DRUG. [Blacks Law 8th]

generic claim.See PATENT CLAIM. [Blacks Law 8th]

genericalness. See GENERICNESS. [Blacks Law 8th]

generic,adj. Trademarks. 1. Common or descriptive, and thus not eligible for trademark protection; nonproprie-tary <a generic name>. [Cases: Trade Regulation 23. C.J.S. Trade-Marks, Trade-Names, and Unfair Com-petition § 43.] 2. Not having a trademark or brand name <generic drugs>. [Blacks Law 8th]

generation-skipping trust.See TRUST. [Blacks Law 8th]

generation-skipping transfer tax.See TAX. [Blacks Law 8th]

generation-skipping transfer.A conveyance of assets to a “skip person,” that is, a person more than one generation removed from the transferor. • For example, a conveyance either directly or in trust from a grandparent to a grandchild is a generation-skipping transfer subject to a generation-skipping transfer tax. IRC (26 USCA) §§ 2601–2663. See generation-skipping transfer…

generation-skipping tax.See TAX. [Blacks Law 8th]

generation. 1. A single degree or stage in the succession of persons in natural descent. 2. The average time span between the birth of parents and the birth of their children. [Blacks Law 8th]