Patent · US Active

Flexible commercial loan pool

US9904954B2 · kind B2 · utility

0Cited by
8References
16Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMar 14, 2014
Grant dateFeb 27, 2018
Priority date
Expiry dateOct 10, 2035

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Bidding activity is analyzed over a duration in which multiple bids are received in the auction. A bid increment is dynamically determined for the auction in response to auction activity. An online auction system can utilize the bid increment to determine or suggest the next bid that can be received in the auction for purpose of supplanting the current bid.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.