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Securitization of sales participation certificates

  • US 8,285,626 B2
  • Filed: 05/21/2002
  • Issued: 10/09/2012
  • Est. Priority Date: 04/24/2002
  • Status: Active Grant
First Claim
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1. A system comprising:

  • an input for receiving data, the data including an issue amount, a discount rate, and estimated future revenues of an organization over a specified period of time;

    a computer storage medium configured to store the data;

    a processor configured to set a function of future revenues by using the issue amount, the discount rate, and the estimated future revenues of the organization in setting the function, wherein the function of future revenues is a function to be applied to future reported revenues of the organization over a specified period of time to calculate payment amounts to be paid to a plurality of investors as a return to the investors and not as debt repayment and not as payment of interest on debt, the future reported revenues being represented by a stream of future payments to the organization; and

    at least one of;

    a) a display to display the function; and

    b) a communication device to communicate the function.

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