Difference between Condition update & condition ndex

Hi Guys,
Could u tell me whatz he differnce btween condition update and condition index?
Cheers
Chitty

Condition update provides the basis for the following pricing functions:
  Maximum Value
  Maximum quantity
  Maximum Number of Sales Orders
Condition Index :
Use
You can create and use condition indices. You can use these indices to display, change and
create condition records with reference. This transaction can include condition records with
several condition types and tables. For example, you can use a condition index if you want to see
all condition records that apply to a particular product regardless of whether the records are
prices or discounts. In this case, you can use one of the standard condition indexes. Or you may
want to see a list of condition records that contain a particular sales deal and a material from a
user-specified list of products. To display this information, you can create your own condition
index.
Hope it helps. Reward points if found useful.
Rajesh

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