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BACnet Channel is a connection channel between the BACnet device and the Intellect system (analog, digital, etc), represented in the system as an object.

BACnet ParameterProperty is a property of the system object that represents the data received from a BACnet device over a BACnet channel.

BACnet Rule is the microprogram in the Intellect system that is used to process the values of a BACnet parameterproperty.