Financial instrument providing returns as cash and accretion

Details Financial instrument providing returns as cash and accretion Financial instrument providing returns as cash and accretion

2011-07-12

2011-07-12

Patel, Jagdish N. (Department: 3693)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000

Reexamination Certificate

active

07979338

ABSTRACT:
In a method for obtaining capital, a convertible or exchangeable financial instrument having an accreted value and that earns returns over a lifetime comprising at least a first and a second time period is offered. During a first time period, at least some of the returns earned are paid in cash. During a second time period all of the returns earned are accreted to the accreted value of the financial instrument. Returns may be earned during each period according to a rate associated with each period. The rate associated with each period may be fixed or variable and may be modified by one or more rate modifiers, such as a minimum or maximum rate. The financial instrument may include a provision describing how the instrument is serviced when the current value of a rate is negative.

REFERENCES:
patent: 5987435 (1999-11-01), Weiss et al.
patent: 6148293 (2000-11-01), King
patent: 6513020 (2003-01-01), Weiss et al.
patent: 7257556 (2007-08-01), Rifkin
patent: 2002/0052819 (2002-05-01), Burton
patent: 2002/0184142 (2002-12-01), Whang
patent: 2002/0194099 (2002-12-01), Weiss
patent: 2003/0009406 (2003-01-01), Ross
patent: 2003/0130941 (2003-07-01), Birle et al.
patent: 2003/0163400 (2003-08-01), Ross et al.
patent: 2004/0006520 (2004-01-01), Birle et al.
patent: 2004/0024676 (2004-02-01), Jones et al.
patent: 2004/0193536 (2004-09-01), Marlowe-Noren
patent: 2004/0236667 (2004-11-01), Cotton
patent: 2005/0080706 (2005-04-01), Birle et al.
Ricoh Company, Ltd., 1998, Non-Consolidated, Year ended Mar. 31, 1998, p. 4.
Duane Reade Inc., “Prospectus, $381,488,000 Senior Convertible Notes due 2022,” Jul. 31, 2002, pp. 1-67, filed with and publicly available from the United States Securities and Exchange Commission.
Lowe's Cos. Inc., “Prospectus Supplement, $505,000,000 Senior Convertible Notes due 2021,” Oct. 18, 2001, pp. 1-77, filed with and publicly available from the United States Securities and Exchange Commission.
Merrill Lynch & Co. Inc., “Prospectus Supplement, $2,000,000,000 Liquid Yield Option/TM/ Notes due 2032,” Mar. 12, 2002, pp. 1-41, filed with and publicly available from the United States Securities and Exchange Commission.
Selective Insurance Group Inc., “Prospectus, $305,000,000 Senior Convertible Notes due 2032,” Feb. 10, 2003, pp. 1-73, filed with and publicly available from the United States Securities and Exchange Commission.
Ply Gem Industries, Inc., “Prospectus, $50,000,000 Convertible Senior Subordinated Discount Debentures due 2008,” Oct. 7, 1988, pp. 1-24, Financial Statements, pp. F-1-F-14, filed with and publicly available from the United States Securities and Exchange Commission.
BJ Services Co., “Prospectus, $516,350,000 Convertible Senior Notes Common Stock,” Nov. 1, 2002, pp. 1-51, filed with and publicly available from the United States Securities and Exchange Commission.
Indymac Bancorp Inc., “Prospectus Supplement, $175,000,000 Warrants and Income Redeemable Equity Securities (WIRES) Units,” Nov. 15, 2001, pp. 1-155, filed with and publicly available from the United States Securities and Exchange Commission.

Affiliated with

Also associated with

Rating

Financial instrument providing returns as cash and accretion does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Financial instrument providing returns as cash and accretion, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Financial instrument providing returns as cash and accretion will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2723658