Method of borrowing, investing and managing and investment fund
OwnerBrian Starrinventor
Life of this patent
Estimating the term…
Abstract
Investors purchase shares of a closed-end investment fund of tuition package repurchase agreements with a university. On a specified date, the university receives cash based on their current tuition rates times the number of repurchase agreements into which they have entered. As the contractual repurchase agreements reach their specified maturity dates, the university is required to repay the fund in an amount corresponding to tuition rates prevailing at the stated maturity date. Monies collected from universities would be used to repay investors commensurate with the shares held.
Claims20
Method of borrowing comprising:
- assuming an obligation for a tuition package;
- and
- receiving financial assets therefor.
Method of investing comprising:
- providing financial assets;
- and
- receiving a share of a fund therefor;
- wherein:
- the fund comprises at least one obligation for a tuition package;
- and
- said providing or receiving occurs on a first date.
Method of operating an investment fund comprising:
- receiving an obligation for a tuition package;
- and
- providing financial assets therefor;
- wherein said receiving or providing occurs on a first date.
Method of operating an investment fund comprising:
- receiving financial assets;
- and
- providing a share of a fund therefor;
- wherein:
- said receiving or providing occurs on a first date;
- and
- the fund comprises at least one obligation for a tuition package
Dependencies are inferred from the claim text.