Which IIQ version are you inquiring about?
[8.X]
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[We have a requirement to change the entitlement value (entitlement name) in SailPoint for already onboarded application entitlement. E.g., current entitlement value =‘TRD’ and we want to change it to ‘TRADER’. Let us know what will be the impact if we change the entitlement value using debug page. e.g., any impact on user to entitlement association or any history data]