The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 07, 2013
Filed:
Apr. 04, 2008
Amar Kuchinad, New York, NY (US);
Alexander Dubitsky, Larchmont, NY (US);
Charles Mcgarraugh, Brooklyn, NY (US);
William J. Cassano, Berkeley Heights, NJ (US);
Amar Kuchinad, New York, NY (US);
Alexander Dubitsky, Larchmont, NY (US);
Charles McGarraugh, Brooklyn, NY (US);
William J. Cassano, Berkeley Heights, NJ (US);
Goldman, Sachs & Co., New York, NY (US);
Abstract
Index-linked notes with periodic coupons subject to a triggering event, and accompanying methods, are described herein. In some instances, exemplary notes allow a purchaser to purchase a note and receive periodic coupons returned on the note as long as a triggering event does not occur. Assuming that the triggering event does not occur, the purchaser may receive these coupons until the note reaches maturity. Payment of the periodic coupons may cease, however, when a triggering event (e.g., the purchaser's death) does occur. In addition, the amount of the periodic coupons are tied in some manner to a financial index, such as the Bloomberg index, the S&P 500, or the like.