Definition Type: Element
Name: TermCode
Namespace: http://www.openapplications.org/oagis
Type: oa:Id
Containing Schema: Components.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
Is a contractual code used to describe the point where delivery occurs (goods ownership is transferred) in a contract of sale. It identifies the rights and obligations of each partner (supplier, carrier and customer) in the transaction and may specify the requirements to assume ownership (i.e. paying for the cost of the goods and/or transportation). The United Nations Trade Facilitation Information Exchange (UN/TraFIX) has established the following codes (INCOTERMS 1990) for use in international trade to Europe, Asia and the Pacific. (See http://www.unece.org/trade/rec/rec05en.htm). These terms may also be found in the United States Uniform Commercial Code (UCC). EXAMPLES EXW - Ex Works ... (named place) FCA - Free Carrier ... (named place) FAS - Free Along Ship ... (named port of shipment) FOB - Free On Board ... (named port of shipment) CFR - Cost and Freight ... (named port of destination) CIF - Cost, Insurance and Freight ... (named port of destination) CPT - Carriage Paid To ... (named place of destination) CIP - Carriage and Insurance Paid to ... (named place of destination) DAF - Delivered At Frontier ... (named place) DES - Delivered Ex Ship ... (named port of destination) DEQ - Delivered Ex Quay (Duty Paid) ... (named port of destination) DDU - Delivered Duty Unpaid ... (named place of destination) DDP - Delivered Duty Paid ... (named place of destination)
Collapse XSD Schema Diagram:
Drilldown into Id in schema fields_xsd Drilldown into issuingAgency in schema components_xsdXSD Diagram of TermCode in schema components_xsd (Open Applications Group (OAGIS))
Collapse XSD Schema Code:
<xs:element name="TermCode">
    <xs:annotation>
        <xs:documentation source="http://www.openapplications.org/oagis">Is a contractual code used to describe the point where delivery occurs (goods ownership is transferred) in a contract of sale.  It identifies the rights and obligations of each partner  (supplier, carrier and customer) in the transaction and may specify the requirements to assume ownership (i.e. paying for the cost of the goods and/or transportation).

The United Nations Trade Facilitation Information Exchange (UN/TraFIX) has established the following codes (INCOTERMS 1990) for use in international trade to Europe, Asia and the Pacific.  (See http://www.unece.org/trade/rec/rec05en.htm).  These terms may also be found in the United States Uniform Commercial Code (UCC).

EXAMPLES	
EXW - Ex Works ... (named place) 
FCA - Free Carrier ... (named place)
FAS - Free Along Ship ... (named port of shipment)
FOB - Free On Board ... (named port of shipment)
CFR - Cost and Freight ... (named port of destination)
CIF - Cost, Insurance and Freight ... (named port of destination)
CPT - Carriage Paid To ... (named place of destination)
CIP - Carriage and Insurance Paid to ... (named place of destination)
DAF - Delivered At Frontier ... (named place)
DES - Delivered Ex Ship ... (named port of destination)
DEQ - Delivered Ex Quay (Duty Paid) ... (named port of destination)
DDU - Delivered Duty Unpaid ... (named place of destination)
DDP - Delivered Duty Paid ... (named place of destination)</xs:documentation>
    </xs:annotation>
    <xs:complexType>
        <xs:simpleContent>
            <xs:extension base="Id">
                <xs:attribute name="issuingAgency" type="TransportationType" use="required">
                    <xs:annotation>
                        <xs:documentation source="http://www.openapplications.org/oagis">The United Nations Trade Facilitation Information Exchange (UN/TraFIX) has established the following codes (INCOTERMS 1990) for use in international trade to Europe, Asia and the Pacific.  (See http://www.unece.org/trade/rec/rec05en.htm).</xs:documentation>
                    </xs:annotation>
                </xs:attribute>
            </xs:extension>
        </xs:simpleContent>
    </xs:complexType>
</xs:element>
Collapse Child Attributes:
Name Type Default Value Use
issuingAgency oa:issuingAgency Required
Collapse Derivation Tree: