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foreign marks from both legal and business point of view a combination of legal and business perspective trademarks can be classified into five types and these trademarks are organized in the value of that strength from the legal and business perspective the first type of trademark is what is referred to as a fanciful trademark this is a trademark that doesnamp;#39;t exist earlier and you nearly newly created it if you are referring to a word then you actually coined a new word in order to use as your trademark and there is no meaning that is attributable to that word in the dictionary for example Kodak itamp;#39;s a fanciful trademark then the next type of trademark is arbitrary trademark the word exists in the dictionary but the meaning of the word has nothing to do with the goods or services you are offering for example Apple for computers for intellectual property services right they have no link with each other whatsoever these are arbitrary trademarks now fancif