| 01 | Basic |
| 02 | End of Month (EOM) |
| 03 | Fixed Date |
| 04 | Deferred or Installment |
| 05 | Discount Not Applicable |
| 06 | Mixed |
| 07 | Extended |
| 08 | Basic Discount Offered |
| 09 | Proximo |
| 10 | Instant |
| 11 | Elective |
| 12 | 10 Days After End of Month (10 EOM) |
| 13 | Seller to advise buyer |
| 14 | Previously agreed upon |
| 15 | Special Proximo |
| 16 | Prompt Payment Act |
| 17 | Terms not Applicable |
| 18 | Fixed Date, Late Payment Penalty Applies Sales terms specifying a past due date, and a late payment percentage penalty applies to unpaid balances past this due date |
| 19 | Liquidation Term at which the progress will be liquidated before the final payment is made to the contractor |
| 20 | Progress Payment Term at which progress payments are authorized by the terms of the contract |
| 21 | Fast Pay Code indicating that an invoice is subject to accelerated payment |
| 22 | Cash Discount Terms Apply Contract terms specify that a cash discount is applicable |
| 23 | Payment Due Upon Receipt of Invoice |
| 24 | Anticipation A discount allowance given when an invoice is paid before its due date (anticipation = (agreed rate/365) x invoice amount x number of days early) |
| CO | Consignment |
| NC | No Charge |
| PP | Prepayment |
| ZZ | Mutually Defined |