The controversial term ‘patent troll’ is often used as a pejorative label for entities which accumulate patents with a view toward extracting licence revenues from alleged infringers. Other related expressions for these entities include ‘non-practising entity’ (NPE), ‘patent shark’, ‘non-manufacturing patentee’, ‘patent licensing company’, ‘patent dealer’, ‘patent marketer’, and ‘patent licensing company’, to name but a few.