{
  "$schema": "http://json-schema.org/draft-04/schema#",
  "$anchor": "cdm.product.template",
  "type": "object",
  "title": "Underlier",
  "description": "The underlying financial product that will be physically or cash settled, which can be of any type, eg an asset such as cash or a security, a product, or the cash settlement of an index rate.  Conditions are usually applied when used in a data type, such as a payout, to ensure this aligns with the use case.",
  "properties": {
    "Observable": {
      "description": "Specifies the object to be observed for a price, it could be an asset or a reference.",
      "$ref": "cdm-observable-asset-metafields-ReferenceWithMetaObservable.schema.json"
    },
    "Product": {
      "description": "Enables either a TransferableProduct or a NonTransferableProduct to be used in an underlier.",
      "$ref": "cdm-product-template-Product.schema.json"
    }
  }
}