Method and apparatus for funding a future liability of uncertain cost
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Dec 1, 2005
app pub date -
May 28, 2004
filing date -
May 28, 2004
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method and apparatus for funding a future liability of uncertain cost which includes: considering the present cost of a liability and the projected due date of the future liability; estimating the future liability of uncertain cost; and administering a trust in a manner that reduces the uncertain cost of the future liability. The estimation of the future liability may be based on the expected due date of the liability and the escalation rate of the liability associated with a specified index. Administering the trust may include issuing floating rate zero coupon notes to generate trust assets and investing those assets in a manner that reduces the uncertainty of the cost of the future liability.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully