US4742457A
Expired / Lapsed
US
⏱️ 0.0 years remaining
System and method of investment management including means to adjust deposit and loan accounts for inflation
Assignee: TRANS TEXAS HOLDINGS Corp 1304 WEST AVENUE AUSTIN TEXAS 78701 A CORP OF TEXAS
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Filing: 1985-08-27
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Granted: 1988-05-03
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Expires: 2005-08-27
Abstract
Abstract Data processing for novel form of relationship management links, supervises, and balances depositors, marketing agents, financial intermediaries, mortgage brokers, and borrowers in an inflation-adjusted financing program. Funds are deposited in participating financial institutions in return for certificates of deposit yielding a fixed rate of interest, plus principal growth at a yearly rate equal to that year's rate of growth in the Consumer Price Index-All Urban Consumers, All Items. Funds on deposit are loaned to borrower, either directly or through brokers, at a rate calculated by adding three components: a fixed debt service rate, a fixed constant interest rate, and an inflation factor interest rate which reflects the effects of inflation on the outstanding loan balance. Organizing company sychronizes entire program by contacting depositors through marketing agent, designating institutions to receive depositors' funds, contacting borrowers directly or through brokers, and by supplying data processing capabilitites to financial intermediaries for purposes of impletation of the program and for analysis of the effects of the program on the intermediaries' capital structures.
Inventors
- 👤 Tomas Leon
- 👤 Lewis J. Spellman
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-23 16:19
CPC Classifications
G; G06; G06Q; G06Q40/00; G06Q40/02; G06Q40/03; G06Q40/04; G06Q40/06
Claims Analysis
Total Claims: 44
Claim 1
Independent Claim
166 words
A system for managing deposit and loan accounts comprising: a deposit account for a term, the deposit account being administered by an institution and having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; means for determining the rate of inflation; means for determining the amount in the deposit accrual component, responsive to the rate of inflation; means for enhancing the deposit principal component responsive to the variable interest component; means for retiring the deposit account over the term, including means for retiring the fixed interest component by a first schedule over the term; and means for retiring the deposit principal component by amortization over the term; a loan account for a term, the loan account being administered by the institution and having a loan principal component and a loan accrual component; means for determining the amount in the loan accrual component; and means for retiring the loan account over the term.
Claim 2
Independent Claim
166 words
A system for managing deposit and loan accounts comprising: a deposit account for a term, the deposit account being administered by an institution and having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; means for determining the rate of inflation; means for determining the amount in the deposit accrual component, responsive to the rate of inflation; means for enhancing the deposit principal component responsive to the variable interest component; means for retiring the deposit account over the term, including means for retiring the fixed interest component by a first schedule over the term; and means for retiring the deposit principal component by amortization over the term; a loan account for a term, the loan account being administered by the institution and having a loan principal component and a loan accrual component; means for determining the amount in the loan accrual component; and means for retiring the loan account over the term.
Claim 3
Dependent Claim
44 words
The system of claim 1 wherein the means for retiring the loan account comprises means for retiring the accrual component by a first schedule over the term and further comprises a means for retiring the principal component by a second schedule over the term.
Claim 4
Dependent Claim
41 words
The system of claim 1 further comprising means for enhancing the loan principal component responsive to the accrual component and wherein the means for retiring the loan account comprises a means for retiring the principal component by schedule over the term.
Claim 5
Dependent Claim
20 words
The system of claim 1 wherein the loan accrual component comprises a fixed interest component and a variable interest component.
Claim 6
Dependent Claim
59 words
The system of claim 4 further comprising: means for enhancing the loan principal component responsive to the variable interest component; and wherein the means for retiring the loan account comprises: means for retiring the fixed interest component by a first schedule over the term; and means for retiring the loan principal component by a second schedule over the term.
Claim 7
Independent Claim
166 words
A system for managing deposit and loan accounts comprising: a deposit account for a term, the deposit account being administered by an institution and having a deposit principal component and a deposit accrual component; means for determining the rate of inflation; means for determining the amount in the deposit accrual component, responsive to the rate of inflation; means for retiring the deposit account over the term; a loan account for a term, the loan account being administered by the institution and having a loan principal component and a loan accrual component, the loan accrual component having a fixed interest component as a variable interest component; means for determining the amount in the loan accrual component; means for enhancing the loan principal component responsive to the variable interest component; and means for retiring the loan account over the term, including means for retiring the fixed interest component by a first schedule over the term; and means for retiring the loan principal component by amortization over the term.
Claim 8
Independent Claim
166 words
A system for managing deposit and loan accounts comprising: a deposit account for a term, the deposit account being administered by an institution and having a deposit principal component and a deposit accrual component; means for determining the rate of inflation; means for determining the amount in the deposit accrual component, responsive to the rate of inflation; means for retiring the deposit account over the term; a loan account for a term, the loan account being administered by the institution and having a loan principal component and a loan accrual component, the loan accrual component having a fixed interest component as a variable interest component; means for determining the amount in the loan accrual component; means for enhancing the loan principal component responsive to the variable interest component; and means for retiring the loan account over the term, including means for retiring the fixed interest component by a first schedule over the term; and means for retiring the loan principal component by amortization over the term.
Claim 9
Dependent Claim
45 words
The system of claim 6 wherein the means for retiring the deposit account comprises a means for retiring the accrual component by a first schedule over the term and further comprises a means for retiring the principal component by a second schedule over the term.
Claim 10
Dependent Claim
41 words
The system of claim 6 further comprising means for enhancing the deposit principal component responsive to the accrual component and wherein the means for retiring the deposit account comprises a means for retiring the principal component by schedule over the term.
Claim 11
Dependent Claim
20 words
The system of claim 6 wherein the deposit accrual component comprises a fixed interest component and a variable interest component.
Claim 12
Dependent Claim
59 words
The system of claim 9 further comprising: means for enhancing the deposit principal component responsive to the variable interest component; and wherein the means for retiring the deposit account comprises: means for retiring the fixed interest component by a first schedule over the term; and means for retiring the deposit principal component by a second schedule over the term.
Claim 13
Dependent Claim
26 words
The system of claim 1 or 6 wherein the means for determining the amount in the loan accrual component is responsive to the rate of inflation.
Claim 14
Dependent Claim
27 words
The system of claim 1 or 6 wherein means for determining the amount in the deposit accrual component or loan accrual component comprises means for data processing.
Claim 15
Dependent Claim
22 words
The system of claim 1 or 6 wherein means for retiring the deposit account or loan account comprises means for data processing.
Claim 16
Dependent Claim
20 words
The system of claim 1 or 6 wherein means for determining the rate of inflation comprises means for data processing.
Claim 17
Dependent Claim
22 words
The system of claim 1 or 6 wherein means for determining the rate of inflation is responsive to the consumer price index.
Claim 18
Dependent Claim
16 words
The system of claim 1 or 6 wherein the deposit account is a certificate of deposit.
Claim 19
Dependent Claim
16 words
The system of claim 1 or 6 wherein the deposit account is a bond or annuity.
Claim 20
Dependent Claim
15 words
The system of claim 1 or 6 wherein the loan account is a mortgage account.
Claim 21
Independent Claim
117 words
A method of providing an improved capital structure for a financial institution comprising: providing at least one deposit account for a term, the deposit account having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; determining the rate of inflation; adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation; enhancing the deposit principal component in a manner responsive to the variable interest component; and retiring the deposit account over the term, including retiring the fixed interest component by a first schedule over the term; and retiring the deposit principal component by amortization over the term.
Claim 22
Independent Claim
117 words
A method of providing an improved capital structure for a financial institution comprising: providing at least one deposit account for a term, the deposit account having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; determining the rate of inflation; adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation; enhancing the deposit principal component in a manner responsive to the variable interest component; and retiring the deposit account over the term, including retiring the fixed interest component by a first schedule over the term; and retiring the deposit principal component by amortization over the term.
Claim 23
Dependent Claim
54 words
The method of claim 19 further comprising: providing at least one loan account for a term, the loan account having a loan principal component and a loan accrual component; determining the amount in the loan accrual component in a manner responsive to the rate of inflation; and retiring the loan account over the term.
Claim 24
Dependent Claim
38 words
The method of claim 20 wherein retiring the loan account comprises retiring the loan accrual component by a first schedule over the term and further comprises retiring the loan principal component by a second schedule over the term.
Claim 25
Dependent Claim
33 words
The method of claim 20 further comprising enhancing the loan principal component responsive to the accrual component and wherein retiring the loan account comprises retiring the principal component by schedule over the term.
Claim 26
Dependent Claim
20 words
The method of claim 20 wherein the loan accrual component comprises a fixed interest component and a variable interest component.
Claim 27
Dependent Claim
53 words
The method of claim 23 further comprising: enhancing the loan principal component in a manner responsive to the variable interest component; and wherein retiring the loan account comprises: retiring the fixed interest component by a first schedule over the term; and retiring the loan principal component by a second schedule over the term.
Claim 28
Dependent Claim
51 words
The method of claim 23 further comprising: enhancing the loan principal component in a manner responsive to the variable interest component; and wherein retiring the loan account comprises: retiring the fixed interest component by a first schedule over the term; and retiring the loan principal component by amortization over the term.
Claim 29
Dependent Claim
46 words
The method of claim 19 wherein enhancing the deposit principal component in a manner responsive to the variable interest component comprises multiplying the deposit principal component by a variable interest rate and adding at least a predetermined portion of their product to the deposit principal component.
Claim 30
Dependent Claim
43 words
The method of claim 19 wherein adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation comprises multiplying the deposit principal component by the rate of inflation when said rate reflects a positive rate of inflation.
Claim 31
Dependent Claim
35 words
The method of claim 19 wherein retiring the fixed interest component by a first schedule over the term comprises reducing the amount in the fixed interest component by a predetermined portion at presented iteration periods.
Claim 32
Dependent Claim
59 words
The method of claim 28 wherein retiring the deposit principal component by amortization comprises retiring a portion of the deposit principal as determined by the formula: R=A/(PVIF) wherein R=the portion retired; A=the amount of the deposit principal; and PVIF is defined as ##EQU4## wherein N is the number of iteration periods remaining+1, and i is a fixed interest rate.
Claim 33
Dependent Claim
24 words
The method of claim 19, including: providing means for data processing, adjusting the amount in the deposit accrual component using the data processing means.
Claim 34
Dependent Claim
23 words
The method of claim 19, including: providing means for data processing, retiring the deposit account over the term using the data processing means.
Claim 35
Dependent Claim
21 words
The method of claim 19, including: providing means for data processing, determining the rate of inflation using the data processing means.
Claim 36
Independent Claim
163 words
A method of providing an improved capital structure for a financial institution comprising: providing at least one deposit account for a term the deposit account having a deposit principal component and a deposit accrual component; determining the rate of inflation; adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation; retiring the deposit account over the term; providing at least one loan account for a term, the loan account having a loan principal component and a loan accrual component, the loan accrual component having a fixed interest component and a variable interest component; determining the amount in the loan accrual component in a manner responsive to the rate of inflation; enhancing the loan principal component in a manner responsive to the variable interest component; and retiring the loan account over the term, including retiring the fixed interest component by a first schedule over the term; and retiring the loan principal component by amortization over the term.
Claim 37
Independent Claim
163 words
A method of providing an improved capital structure for a financial institution comprising: providing at least one deposit account for a term the deposit account having a deposit principal component and a deposit accrual component; determining the rate of inflation; adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation; retiring the deposit account over the term; providing at least one loan account for a term, the loan account having a loan principal component and a loan accrual component, the loan accrual component having a fixed interest component and a variable interest component; determining the amount in the loan accrual component in a manner responsive to the rate of inflation; enhancing the loan principal component in a manner responsive to the variable interest component; and retiring the loan account over the term, including retiring the fixed interest component by a first schedule over the term; and retiring the loan principal component by amortization over the term.
Claim 38
Dependent Claim
46 words
The method of claim 33 wherein enhancing the loan principal component in a manner responsive to the variable interest component comprises multiplying the loan principal component by a variable interest rate and adding at least a predetermined portion of their product to the loan principal component.
Claim 39
Dependent Claim
21 words
The method of claim 19 or 33 wherein the rate of inflation is determined by reference to the consumer price index.
Claim 40
Dependent Claim
19 words
The method of claim 19 or 33 wherein the deposit account is a certificate of deposit, bond or annuity.
Claim 41
Dependent Claim
15 words
The method of claim 33 or 20 wherein the loan account is a mortgage account.
Claim 42
Dependent Claim
45 words
The method of claim 33 or 20 wherein adjusting the amount in the loan accrual component in a manner responsive to the rate of inflation comprises multiplying the loan principal component by the rate of inflation when said rate reflects a positive rate of inflation.
Claim 43
Dependent Claim
37 words
The method of claim 33 or 25 wherein retiring the fixed interest component by a first schedule over the term comprises reducing the amount in the fixed interest component by a predetermined portion at preselected iteration periods.
Claim 44
Dependent Claim
59 words
The method of claim 39 wherein retiring the loan principal component by amortization comprises retiring a portion of the loan principal as determined by the formula: R=A/(PVIF) wherein R=the portion retired; A=the amount of the deposit principal; and PVIF is defined as ##EQU5## wherein N is the number of iteration periods remaining+1, and i is a fixed interest rate.
References Cited (Backward Citations)
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1991-05-03 | 1991-11-02 | 1992-05-03 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1995-05-03 | 1995-11-02 | 1996-05-03 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1999-05-03 | 1999-11-02 | 2000-05-03 | $7700.00 | Window Closed / Lapsed |