Patent ID: 7752109
Filing Date: 2010-07-06
Classification: G06Q

Abstract:
1. A method of determining parameters of a long-term lease of an asset comprising: determining with a computer a set of payments defining an amortisation path from an initial value to a final residual value of said asset over a long-term lease period; and determining with a computer a plurality of sets of short-term lease payments comprising one or more interim short-term payment sets and a final short-term payment set, each set of short-term lease payments corresponding to a short-term lease, each interim short-term payment set comprising a plurality of amortisation payments that corresponds to said amortisation path for a respective short-term lease period and at least one termination amortisation payment that provides a pre-set short-term termination residual value falling on a residual value path to said final residual value at a position such that the short-term lease payment set satisfies a predetermined value condition, the final short-term lease payment set comprising a plurality of amortisation payments, that corresponds to said amortisation path for a respective short-term lease period, whereby the amortisation payments of the interim and final short-term lease payment sets correspond collectively to said amortisation path, the short term lease periods of the interim and final short-term lease payment sets being co-terminus, and the quantum of individual amortisation payments in each set being substantially the same as the quantum of individual amortisation payments in each other set.