Master Data in MM? Is conditions also a Master Data pl explain

Hello Folks,
Could you pl tell me if conditions also cnsidered as a Master Data?  Please explain the reasons for your answer.
Also can anyone tell me why Quota Arrangement is number in the priority of Source determination?
I know it is but I need to understand why, is it because it is is binding?
Best Regards,
Steve

first
every transaction where you record some data for various sub record like for material,vendor etc.
its used in other parameters from that record. like vendor master data in po, mmr data in migo and po hence conditions also are used in po in similar fashion.
second quota means you have already decided that you will allot this much qty to particular vendor in particular period hence during source determination it gets priority. as they are already alloted

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