1.10 Product Characteristics

Product Characteristic Rules are used to define payment, pricing, and repricing characteristics for new business. They are also used to specify general calculation attributes for both existing accounts and new business.

As part of creating and editing Product Characteristic Rules, you assign product attribute assumptions to applicable products from the product hierarchy.

Note:

Oracle Asset Liability Management Cloud provides the option to copy, in total or selectively, the product assumptions contained within ALM business Rules from one currency to another currency or a set of currencies or from one product to another product or a set of products.

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