Method for describing financial instruments
OwnerChristophe Thal, Param Parmarinventors
Life of this patent
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Abstract
A method is provided for communicating a description of a bond between a first entity and a second entity and includes the step of selecting at least some attributes that are associated with the bond from a plurality of bond attributes. Next, a value for each of the at least some attributes is chosen. Next, the description of the bond is created by formatting the values for the at least some attributes according to a document type definition. Finally, the description of the bond is communicated between the first entity and the second entity.
Claims30
A method for communicating a description of a bond between a first entity and a second entity, comprising the steps of:
- selecting at least some attributes that are associated with the bond from a plurality of bond attributes;
- choosing a value for each of said at least some attributes;
- creating said description of said bond by formatting said values for said at least some attributes according to a document type definition;
- and
- communicating said description of said bond between said first entity and said second entity.
A method for forming a description of a bond, comprising the steps of:
- selecting at least some attributes that are associated with the bond from a plurality of bond attributes;
- choosing a value for each of said at least some attributes;
- and
- creating said description of said bond by formatting said values for said at least some attributes according to a document type definition.
A system for communicating a description of a bond, comprising:
- a first entity, said first entity selecting at least some attributes that are associated with the bond from a plurality of bond attributes, said first entity choosing a value for each of said at least some attributes and said first entity creating said description of said bond by formatting said values for said at least some attributes according to a document type definition;
- and
- a second entity in communications with said first entity;
- wherein when said first entity communicates said description of said bond to said second entity, said second entity interprets said description according to said document type definition.
Dependencies are inferred from the claim text.