1. Asset Liability Management User Guide
  2. Oracle Asset Liability Management Process
  3. Capturing Instrument Behavior for Non-standard Instruments
  4. Defining Payment Patterns

8.9.2 Defining Payment Patterns

In a user-defined payment pattern, you can assign a unique amortization type code to a set of payment events, which may include some of the following customized features:

  • Changes in paymentfrequency
  • Seasonal paymentdates
  • Nonstandard or variable paymentamounts

After you create a payment pattern, you can use it by entering the payment pattern code as the amortization type code for the instrument.