Method and system for constructing price structures of complex products and services
CA 2371985 C · Owner: Teranet Enterprises Ltd. · Inventors: Shaver, Allan B.; Kostoff, Mike; Goldberg, Dov
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
The invention provides a system and method for constructing and maintaining a price structure for an e-commerce transaction relating to a complex product or service. A pricing tree is built of "price components" which include discrete revenues price adjustments, taxes, and disbursements (such as royalties). Separate revenue streams which may be allocated to different service providers may have independent adjustment, tax, and disbursement treatments. Attributes may also be used in the calculation of separate components. Time-date adjustments and rate package adjustments are also supported. The system allows both automated calculation and accounting using the pricing tree. Transactions are …
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Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed February 15, 2002 and granted December 29, 2015. A Canadian patent filed from October 1, 1989 lasts 20 years from filing, so its term ended February 15, 2022.
- A certificate of supplementary protection adds at most two years for a drug, so even that would have ended by February 15, 2024.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
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Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.