Explain the differnce between Catalog price Rules and Shopping cart Price Rules in Magento?

S.no Catalog Price Rules Shopping Cart Price Rules
1. It applicable when the user display product in product or category pages itself. The Shopping cart Price Rules are discounts which get applicable after the product gets added to the cart.
2. These are the discounts valid before products get added to the cart. Example: Free shipping, coupon code, discount in the order total, etc.

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