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Related to usance: Usance Letter of Credit
1. The length of time, established by custom and varying between countries, that is allowed for payment of a foreign bill of exchange.
3. Usage; custom.
4. Interest paid on borrowed money.
[Middle English, usage, from Old French, probably from Vulgar Latin *ūsantia, from *ūsāns, *ūsant-, present participle of *ūsāre, frequentative of Latin ūtī.]
1. (Commerce) commerce the period of time permitted by commercial usage for the redemption of foreign bills of exchange
2. (Banking & Finance) rare unearned income
[C14: from Old French, from Medieval Latin ūsantia, from ūsāre to use]
1. the customary length of time allowed for the payment of foreign bills of exchange.
2. interest or other income or benefits derived from the ownership of wealth.
b. custom; habit.
[1350–1400; Middle English < Old French]
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|Noun||1.||usance - the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)|
commerce, commercialism, mercantilism - transactions (sales and purchases) having the objective of supplying commodities (goods and services)
|2.||usance - (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"|
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
conspicuous consumption - buying expensive services and products in order to flaunt your wealth
demand - the ability and desire to purchase goods and services; "the automobile reduced the demand for buggywhips"; "the demand exceeded the supply"
|3.||usance - accepted or habitual practice |
practice, pattern - a customary way of operation or behavior; "it is their practice to give annual raises"; "they changed their dietary pattern"
Americanism - a custom that is peculiar to the United States or its citizens
consuetude - a custom or usage that has acquired the force of law
couvade - a custom among some peoples whereby the husband of a pregnant wife is put to bed at the time of bearing the child
Germanism - a custom that is peculiar to Germany or its citizens
habit, use - (psychology) an automatic pattern of behavior in reaction to a specific situation; may be inherited or acquired through frequent repetition; "owls have nocturnal habits"; "she had a habit twirling the ends of her hair"; "long use had hardened him to it"
hijab - the custom in some Islamic societies of women dressing modestly outside the home; "she observes the hijab and does not wear tight clothing"
survival - something that survives