203 results about "Disbursement" patented technology

A system and method for managing a plurality of stock option accounts each for a plurality of participants. The system invokes a particular option plan defined in the system that governs the transaction choices available to each participants The governing option plans are defined by the sponsoring company in terms of grant, vest and expiration date for the option contracts, and are defined in the system via a database of option holding information for each participant and an axiomatic rule system defining the criteria under which a given participant can exercise given options under the particular plan. The system implements the plans for multiple client companies providing several distinct modes for option exercise by the participant. The system preferably also allows for disbursement of proceeds in a currency different than that in which the underlying security for the option is traded, real time execution of the option transaction, and / or simulating the outcomes of different manners in which the participant may exercise vested options and the resulting economic outcome (disbursement, taxes, transaction fees).

A method for enabling two individual consumers to complete a transaction that includes payment from one consumer (the payor, or buyer) to another consumer (the payee, or seller). An intermediary typically operates the service over a computer network of nodes, such as the Internet. The buyer has the convenience of paying through a variety of different payment instruments. Likewise, the seller has the convenience of receiving payment through a variety of different disbursement instruments. For a fee, the intermediary collects the payment from the buyer and pays the seller. Although the intermediary may receive payment from the buyer before the intermediary transfers the payment to the seller, the intermediary may choose to pay the seller before receiving payment from the buyer. In this case, the intermediary assumes the risk of nonpayment by the buyer. Alternatively, the intermediary may pay a third party that specializes in processing transactions for the payment instrument chosen by the buyer to assume the risk of nonpayment by the buyer. In this case, the intermediary receives a promise of payment from the third party before the intermediary pays the seller. Such a promise of payment from the third party is referred to as an authorization.

A system and method for managing a plurality of stock option accounts each for a plurality of participants. The system invokes a particular option plan defined in the system that governs the transaction choices available to each participant. The governing option plans are defined by the sponsoring company in terms of grant, vest and expiration date for the option contracts, and are defined in the system via a database of option holding information for each participant and an axiomatic rule system defining the criteria under which a given participant can exercise given options under the particular plan. The system implements the plans for multiple client companies providing several distinct modes for option exercise by the participant. The system preferably also allows for disbursement of proceeds in a currency different than that in which the underlying security for the option is traded, real time execution of the option transaction, and / or simulating the outcomes of different manners in which the participant may exercise vested options and the resulting economic outcome (disbursement, taxes, transaction fees).

A system is disclosed that provides computer-aided processing of a rebate on a product. The system includes a rebate processing center communicating over a network with a manufacturer, a distributor, and a consumer. The rebate processing center maintains a promotion table and a transaction table in order to facilitate processing of product rebates and to offer the consumer a choice of disbursement options.

This disclosure describes a payment and disbursement system, wherein an initiator authorizes a payment and disbursement to a collector and the collector processes the payment and disbursement through an accumulator agency. The accumulator agency processes the payment as a debit-based transaction and processes the disbursement as an addendum-based transaction. The processing of a debit-based transaction generally occurs by electronic funds transfer (EFT) or by financial electronic data interchange (FEDI). The processing of an addendum-based transaction generally occurs by electronic data interchange (EDI).

Methods, devices and systems for virtual, remote and real-time collaboration between surgeons and engineers using system learning and intelligent and timely disbursement of design and performance information to engineering teams embarking on the preliminary design event of a personalized orthopedic implant or personalize surgical instrument utilizing a case-based reasoning expert system. Additive manufacturing technology and statistically controlled advanced manufacturing processes quickly produce personalized medical devices worldwide.

In accordance with the method, system and program of the present invention, multiple broadcasts of products are detected in a common transmittable data format at a portable computer system associated with a particular user from multiple retailer server systems when the portable computer system is within a particular proximity of multiple diverse store locations each respectively associated with one of the multiple retailer server systems. The broadcasts of products are analyzed at the portable computer system according to consumer preferences for the particular user. Output of a selection of products from among the multiple broadcasts of products is controlled to an output interface controlled by the portable computer system, in response to the analysis, such that a portable computer system may manage product selections from multiple diverse store locations for a particular user according to the consumer preferences for the particular user.

A system is disclosed that provides computer-aided processing of a rebate on a product. The system includes a rebate processing center communicating over a network with a manufacturer, a distributor, and a consumer. The rebate processing center maintains a promotion table and a transaction table in order to facilitate processing of product rebates and to offer the consumer a choice of disbursement options.

A method for disbursing loan proceeds, which has the following steps: (a) a borrower residing in a different jurisdiction from the location of a licensed lender contacting said lender about obtaining a loan; (b) said licensed lender forwarding the application to said borrower; (c) said borrower transmitting the executed loan application and requested documentation to said licensed lender; (d) said licensed lender accepting and processing the loan application; (e) said licensed lender approving the loan application; (f) said licensed lender pursuant to authorization of borrower automatically opening an account for said borrower at a banking institution located in the same state jurisdiction as such licensed lender and its banking institution; (g) said licensed lender disbursing the loan proceeds from its funding account at its banking institution to said borrower's newly created bank account; (h) such loan proceeds then being automatically wired from said borrower's new bank account at said banking institution in the same state jurisdiction as such the licensed lender and its banking institution to a bank checking account of said borrower in a different state jurisdiction where said borrower currently banks; (i) and, said licensed payday lender, pursuant to a pre-authorization by borrower, arranging repayment of such loan through the Federal Reserve to debit the loan amount and accrued interest and fees from said bank account of borrower in his / her home state jurisdiction by having such money wired to the bank account of the licensed lender at such licensed lender's banking institution.

Embodiments of the invention provide a method and system that has the ability to allow consumers to process rebates on-line and receive the rebate on an accelerated basis in exchange for assigning the rebate to a third party. One embodiment of the invention provides the consumer with a disbursement option to accept less than the original rebate amount from the rebate sponsor in exchange for a significant reduction in time to collect the rest. The exchange can be done transparent to the rebate sponsor. Another embodiment of the invention provides the consumer with an assignment option to transfer the right to collect the rebate to a third party in exchange for a rapid payment. In this embodiment, the third party manages the collection of the rebate from the rebate sponsor.

A synthetic currency transaction network which performs transactions with near real time finality of transaction between potential borrowers and potential lenders. Synthetic currency is created by pooling and dividing into shares a portfolio of highly liquid assets and frequent evaluation and disbursements of dividends on those assets so as to hold the value of the synthetic currency share at unity with the underlying currency. The synthetic currency network provides for interfacing users to the synthetic currency transaction network. A database is used for storing and maintaining records and other information of the network. A transaction manager manages network users' accounts and all network transactions. A fund accountant manages network information regarding the synthetic currency. A deposit bank acts as custodian for the portfolio of highly liquid assets which underlie the synthetic currency. An investment manager manages the measure of synthetic currency and directs investment decisions. A loan accountant manages all lending and borrowing activities in the synthetic currency transaction network.

The present invention provides a computer-based system and method for providing processing loan consolidation applications. The method includes accepting a consolidation application from a borrower, the consolidation application containing information about a borrower and underlying loans to be consolidated. The application is validated to determine that the consolidation application is complete. Payoff information is obtained for the underlying loans and a disbursement date for the consolidated loan is set based on the payoff information. The lender of the consolidation loan is automatically determined. Funding to payoff the underlying loans is requested from the lender. The underlying loans are consolidated into the consolidated loan and payment information is received regarding the payoff of the underlying loans.

An atomizing nebulizer for dispensing a substance or medicament is described. The nebulizer is formed with a reservoir base releasably secured to an effluent vent cap that together capture a diffuser and integral dispersing baffle that are further formed with an uptake lumen or channel terminating with a nozzle jet. The diffuser dispersing baffle is positioned relative to the jet nozzle to optimize atomization of any of a number of such substances so as to maximize disbursement of the substance. The reservoir base also incorporates a pressurized fluid-accelerating inlet tube terminated with a metering orifice that cooperates with the nozzle jet when the inlet tube is received within the diffuser uptake lumen or channel. When so received, the nozzle jet axially registers proximate and superior to the orifice to establish a vacuum space that is in fluid communication with a capillary interstice established between the walls of the exterior of the inlet tube and the confronting interior surface of the diffuser lumen or channel. When a pressurized fluid is communicated through the lumen, the orifice, and into the vacuum space towards the nozzle jet, a vacuum develops in the vacuum space that, in combination with the capillary action of the interstice, draws the fluid proximate to the orifice and disperses it into droplets that are then entrained into a fluid stream to be further atomized upon impact with the baffle and then dispensed.

An e-cigarette provides enables selective disbursement of multiple liquid solutions having different flavors into an atomizing chamber for vaporization with a single atomizer. A cartridge containing the liquid solutions segregates the various flavored liquid solutions into multiple compartments through a rotatable barrier. Each compartment is in communication with a cartridge opening and a chamber opening. A rotatable plate attaches to the rotatable barrier. The rotatable plate includes a plate opening and a plate plug. The plate plug intervenes between the cartridge opening and the chamber opening of a first compartment to restrict passage of a liquid solution from the first compartment. Simultaneously, the plate opening enables passage of a different liquid solution through the cartridge opening and the chamber opening from a second compartment. Thus, the rotatable plate regulates passage of the desired liquid solution from a compartment to an atomizer for vaporizing the desired flavor of liquid solution.

A system and method are provided for the collaborative charging of electric vehicles. The collaborative charging manages the disbursement of power from a neighborhood transformer so as to increase the efficiency of electric vehicle charging at the residences without significantly altering the existing power distribution and residential infrastructures. Time-flexible loads are shed in order to efficiently allocate energy distribution without compromising the comfort or security of the user. The identities of individual residential power demands can be concealed to protect the user's privacy or made available to further optimize power allocation. The power allocation negotiation may be performed in a residential local demand management client separate from the residential charging station.

In an electronic supply chain finance system, a method of enabling a supplier optionally to sell accounts receivable owed to the supplier, comprising receiving a payment obligation from a buyer, the payment obligation having a value and a maturity date, presenting the payment obligation to the supplier prior to the maturity date, providing the supplier with an opportunity to sell the payment obligation at a discounted value to a financial institution or other third party prior to the maturity date, and, thereafter, on the maturity date, receiving payment from the buyer for the value of the payment obligation regardless of whether the supplier sold the payment obligation prior to the maturity date. Disbursing or causing the disbursement of the value of the payment obligation to the financial institution or to the supplier based on whether or not the supplier accepted early payment from the financial institution.

The present invention provides an apparatus and a method to prevent biofouling of underwater optical systems using ultraviolet light generated from within a pressure vessel and through an optics window, without removing the optical systems from the water and without disbursement of chemicals into the water.

A financial simulation computer program product and method to create a project preparation, negotiating, and testing environment using standard project finance tools. A computer usable medium having computer-readable program code is embodied in a medium for generating financial statements, financial data, charts, graphs and reports using the standard project finance tools. The product and method allow automatically generated or manual entry of and editing of capital expenditure time series for multiple contracts in multiple capital expenditure categories. Limited recourse including debt service reserve accounts, stand-by loans and risk-sharing with suppliers and off-takers is taken into account. A desired financing time horizon is selected for each loan. For each loan the user can either manually enter disbursements or select a capital expenditure category and finance a percentage of the category. A loan disbursement time series is automatically generated. A loan disbursement times series is optionally generated independently of changes in capital expenditures and exchange rates based upon an earlier automatically generated loan disbursement time series.

A stream of process liquid is treated while flowing through in a horizontally elongated chamber having an open top. Longitudinally elongated electrode blades are aligned with the longitudinal dimension of the chamber. An overhead disbursement chamber supplies a sweeping air stream over the open top of the chamber for removing foam and gas reaction by-products. The electrode blades are separated and held at a desired spacing by small portable guides located below and above the blades.

A system is disclosed that provides computer-aided processing of a rebate on a product. The system includes a rebate processing center communicating over a network with a manufacturer, a distributor, and a consumer. The rebate processing center maintains a promotion table and a transaction table in order to facilitate processing of product rebates and to offer the consumer a choice of disbursement options.

A system and method are provided for attracting a magnetically responsive substance inserted in a subject's body towards a target area within the body to treat the area. The system generally comprises a medical device having a proximal end, a distal end, and at least one magnetic element disposed at the distal end of the medical device for orienting the distal end in a desired direction to place an aperture against the opposite wall of the vessel. The system further includes a voltage that may be applied to a coil that is disposed on the side of the medical device and proximally spaced from the magnetic element. A voltage is applied to the coil to attract the magnetically responsive substances inserted into the body around the coil. A high frequency alternating current voltage is applied to an adjacent transducer to ultrasonically disperse the collected magnetically responsive substances into the surrounding target tissue.

A protective helmet apparatus of modular construction to be worn by anesthetized patients during surgery . The helmet is assembled using one of a plurality of interchangeable helmet casings which is removably attached to one of a plurality of dismountable chin supports. Removable ocular and chin support cushions chosen from a set of interchangeable ocular and chin support cushions are mountable to the interior face of the helmet casing and chin support. The removable cushions contact the allow for optimum sizing of the apparatus to face of the patient providing padding and maximum disbursement of weight and pressure of the head over a wide area of the patient's face and head. The cushions and helmet casing and chin support are modular in design and dimension to be interchangeable with each other thus providing accommodation for broad differences in facial structure and size of patients using them for surgery. Mounts and passages are optionally provided for communicating tubes supplying the patient with life support as well as wiring for sensors monitoring the patient. Additionally, a rotatable handle may be mounted upon the apparatus for use during patient movement on or off of the operating table.

Systems and methods for a data processor implemented system monitor for enabling investors, or persons who act on their behalf, to simply turn over the allocation their investment assets, and / or turn over the determination of how much to save and / or to receive advice on how much to save and / or turn over the determination of how to receive disbursements from investments and / or to receive advice on how to receive disbursements from investments, in a manner that is free from or ameliorates the traditional conflicts of interest in previous systems is disclosed. The systems and methods are adapted to separate or otherwise ameliorate the tension between other functions where the compensation traditionally varies depending on the allocation or the amount saved or how funds are disbursed (e.g., money management, licensed securities brokerage). The systems and methods collect, monitor and direct information from the investors (including employee benefit plan accounts), persons who make decisions on behalf of investors, persons who hold indicative data (e.g., employers), money managers, persons who facilitate transactions and Independent Experts to provide professional asset allocation services (including automatic allocation, rebalancing, and reallocation of investment assets) on a regular basis; as well as assistance in determining how much to save or how to receive disbursements in a manner that eliminates or ameliorates conflicts of interest, which, in the case of employee benefit plans, is consistent with the regulatory restraints of ERISA.

An atomizing nebulizer for dispensing a substance or medicament is described. The nebulizer is formed with a reservoir base releasably secured to an effluent vent cap that together capture a diffuser and integral dispersing baffle that are further formed with an uptake lumen or channel terminating with a nozzle jet. The diffuser dispersing baffle is positioned relative to the jet nozzle to optimize atomization of any of a number of such substances so as to maximize disbursement of the substance. The reservoir base also incorporates a pressurized fluid-accelerating inlet tube terminated with a metering orifice that cooperates with the nozzle jet when the inlet tube is received within the diffuser uptake lumen or channel. When so received, the nozzle jet axially registers proximate and superior to the orifice to establish a vacuum space that is in fluid communication with a capillary interstice established between the walls of the exterior of the inlet tube and the confronting interior surface of the diffuser lumen or channel. When a pressurized fluid is communicated through the lumen, the orifice, and into the vacuum space towards the nozzle jet, a vacuum develops in the vacuum space that, in combination with the capillary action of the interstice, draws the fluid proximate to the orifice and disperses it into droplets that are then entrained into a fluid stream to be further atomized upon impact with the baffle and then dispensed.

An internet based disbursement system allows all interested parties to a project contract, including, in the case of a construction project, the buyer, lender, disbursing agent, title company, and general contractor, to follow the progress of the project and separate tasks making up the project as well as the disbursement of funds to different vendors associated with the project.

A method for provisioning content to users, including for each of a plurality of items of media content, maintaining information about one or more owners of the item of media content, and maintaining information about one or more providers of the item of media content, for each of a plurality of users, maintaining information about items of media content acquired by the user and about player devices owned by the user, for each of a plurality of time periods, maintaining a history log of items of media content played by one or more of the plurality of users during the time period, receiving a request from a user to play a designated item of media content on a designated player device, during a current time period, identifying an appropriate provider of the designated item of media content, according to a location of the user and according to the designated player device, causing the identified provider of the designated item of media content to transmit the designated item of media content to the user's designated player device, updating the history log for the current time period to reflect the user having played the designated item of media content, and calculating revenue disbursement among the owners of the plurality of items of media content, and the providers of the plurality of media content, for the current time period, based on the history log of the current time period. A system is also described and claimed.

A game machine (10) is equipped with a display device (32), which displays a dealer image that performs the dealing of cards, and a plurality of display devices (52), each of which displays an information image on a card game. The card game is started based on loaded game media and disbursement of game media to be provided to players is performed in accordance with the results of the card game. With this game machine (10), when a card is dealt, a dealer image, which faces the direction in which a display device (52) to which the card is dealt is installed, is displayed on the display device (32). A game machine, with which the sensation of playing an actual game and with which the player to whom a card is dealt can be specified, is thus provided.

Articles of manufacture, education billing management methods, education billing management systems, education enrollment systems, and education enrollment methods are described. According to one aspect, an article of manufacture includes media comprising programming which causes processing circuitry to perform processing comprising accessing expense information regarding education expenses owed to a plurality of learning providers as a result of the learning providers providing education services to a plurality of employees of a plurality of employers, for each of the employers, using the expense information, generating billing information regarding the education expenses incurred by the employees of the respective employer, communicating respective billing information to respective ones of the employers, wherein the billing information communicated to one of the employers includes the education expenses owed to at least one of the learning providers as a result of the at least one learning provider providing education services to one or more employees of the one of the employers, and determining disbursement amounts to be paid to respective ones of the learning providers, wherein one of the disbursement amounts to be paid to one of the learning providers corresponds to the education services provided by the one of the learning providers to at least one of the employees.

In order to provide a gaming machine which enables selective clear display of patterns of reels and performance images displayed on front side display means arranged in front of the reels as needed, a gaming machine comprises: variable display means for variably displaying a plurality of patterns; front side display means, which is arranged in front of said variable display means, and through which the patterns of the variable display means can be seen; internal prize-winning-combination determination means for determining an internal-win-combination; a plurality of operation means for stopping the variable display of said variable display means; stop control means for stopping and controlling a variable display operation of said variable display means based or the result of determination of said internal-win-combination determination means and an operation of said operation means; and game media disbursement means for disbursing game media when a stop mode of the variable display means stopped by said stop control means is a predetermined stop mode,wherein said front side display means is configured so as to stack a plurality of panel-shaped displays.