patentable

adj. able to be patented, can be protected by a patent

Within the context of a national or multilateral body of law, an invention is patentable if it meets the relevant legal conditions to be granted a patent. By extension, patentability also refers to the substantive conditions that must be met for a patent to be held valid.
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(a.)
Suitable to be patented; capable of being patented.
  

suitable to be patented; entitled by law to be protected by the issuance of a patent.

Context: Patent 

= patentable.
Ex: All three types of material, when first received by DG XIII, are submitted to the Technological Information and Patents Division of DG XIII in order to vet items for possible patentable inventions.