Describes payment terms for a financial transaction, used in an invoice. This is typically expressed as a responsibility of the acceptor or payor of an invoice.
OID:
2.16.840.1.113883.5.91 (for OID based terminology systems)
This Code system is used in the following value sets:
ValueSet: v3 Code System PaymentTerms ( Describes payment terms for a financial transaction, used in an invoice. This is typically expressed as a responsibility of the acceptor or payor of an invoice.)
4.4.2.91.1 Code System Content
Release Date: 2018-08-12
Level
Code
Display
Definition
1
COD
Cash on Delivery
Payment in full for products and/or services is required as soon as the service is performed or goods delivered.
1
N30
Net 30 days
Payment in full for products and/or services is required 30 days from the time the service is performed or goods delivered.
1
N60
Net 60 days
Payment in full for products and/or services is required 60 days from the time the service is performed or goods delivered.
1
N90
Net 90 days
Payment in full for products and/or services is required 90 days from the time the service is performed or goods delivered.