Patent ID: 7249092
Filing Date: 2007-07-24
Classification: G06Q

Abstract:
1. A computer-implemented method for facilitating the administration of a subsidiary account within a database contained within a host computer comprising the steps of: receiving, at a host computer, a request for a subsidiary account linked to a parent account, wherein said parent account is a financial account having a parent spending power, wherein said parent spending power is a credit limit for said parent account; linking, at said host computer, said subsidiary account to said parent account, wherein said subsidiary account is a financial account having a subsidiary spending power, said subsidiary spending power is a credit limit for said subsidiary account, and said subsidiary spending power is configured to consume a portion of said parent spending power; reducing, at said host computer, said subsidiary spending power in said subsidiary account by a subsidiary spend transaction amount; and, reducing, at said host computer, said parent spending power by an amount less than said subsidiary spend transaction amount when said subsidiary account is linked to said parent account.