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Method and apparatus for tradable security based on the prospective income of a performer

  • US 20020077952A1
  • Filed: 08/20/2001
  • Published: 06/20/2002
  • Est. Priority Date: 08/18/2000
  • Status: Abandoned Application
First Claim
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1. A method of creating a tradable security based on the prospective income of a performer, the method comprising:

  • a) defining an asset value based on the prospective income of the performer, the tradable security value based on the asset value;

    b) obtaining an agreement from the performer to create a repayment obligation based on a portion of an income stream that corresponds to the asset value;

    c) create a first account; and

    d) receiving payments towards the repayment obligation into the first account.

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