Method for providing funding of and access to an investment vehicle
US7761376B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jan 21, 2005 |
| Grant date | Jul 20, 2010 |
| Priority date | — |
| Expiry date | Oct 5, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for providing funding of and access to an investment vehicle, comprises the steps of establishing an investment vehicle, monetizing the investment vehicle by depositing funds therein by at least one predetermined investor, receiving a request for the funds by an employee of an employer, distributing the funds from the investment vehicle to a financial institution via a management entity upon direction of the management entity in response to the employee's request, transferring the funds from the financial institution to the employee via the employer, utilizing the funds for a predetermined economic activity by the employee, remitting the funds to the financial institution from an employee's subsequent earnings via an employer payroll system, redepositing the funds, remitted to the financial institution, into the investment vehicle via the management entity, and wherein the basis for the investment vehicle is the value of an employee's continuing employment with an employer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.