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:
Oct. 08, 2013
Filed:
Dec. 19, 2012
Applicant:
Genesis Financial Development, Inc., Mississauga, CA;
Inventor:
Richard C. Payne, Mississauga, CA;
Assignee:
Genesis Financial Development, Inc., Mississauga, ON, CA;
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
Abstract
A computer-based apparatus for representing and acting on an indexed reversionary annuity, including a memory unit for at least one specially programmed computer configured to store computer readable instructions and an initial income amount, and a processor for the at least one specially programmed computer configured to execute the computer readable instructions to determine a set of indexing parameters P and generate an updated income amount at an end of a specified indexing term T based in part on performance of at least one index and the set of indexing parameters P.