Also found in: Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.
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.
2. Use.
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.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


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
3. an obsolete word for usage, usury, use
[C14: from Old French, from Medieval Latin ūsantia, from ūsāre to use]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


(ˈyu zəns)

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.
3. Archaic.
a. use.
b. custom; habit.
[1350–1400; Middle English < Old French]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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)
period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period"
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 practiceusance - 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
Anglicism, Britishism - a custom that is peculiar to England 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
ritual, rite - any customary observance or practice
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.


A habitual way of behaving:
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in classic literature ?
The busy and sagacious bees fixed their republic in the clefts of the rocks and hollows of the trees, offering without usance the plenteous produce of their fragrant toil to every hand.
'[I]n low simplicity / He lends out money gratis, and brings down / The rate of usance here with us in Venice' (1.3.38-40), grumbles Shylock.
The tenure of the transaction does not commensurate with the nature of the underlying goods for example perishable goods are traded on terms involving lengthy usance period.
By employing LCs, standby LCs, revolving letters of credit on repeat type transactions and usance on the receivables side, the client is then in a position to extend more credit to their customer.
I hate him for he is a Christian; But more, for [because] that in low simplicity He lends out money gratis, and brings down The rate of usance here with us in Italy.
"The cash for developing the projects will be obtained through various methods including financing, usance, bonds, domestic finances and loans from the National Development Fund of Iran."
He referred to giving 24-month usance to Iran Air producers as a major impact of the implementation of Joint Comprehensive Plan of Action.
TEHRAN (FNA)- Iran's Petrochemical Commercial Company International (PCCI) is in talks with investors from Japan and South Korea for an investment of e1/4520 million in petrochemical projects in Iran in the form of usance letter of credits (LCs).
(22)) Paul Siegel notes that the Puritans, like Shylock, were often seen by Elizabethans as usurious Pharisaic hypocrites and misers contemptuous of merrymaking and revelry and that Shakespeare's Jew also has a modern parallel as a ruthless capitalist because his lending money gratis brings down the rate of usance. (23) Max Weber himself called Shakespeare "a connoisseur of Puritanism who observed it with the keen eye afforded by hatred." (24) One can see why: Weber's Puritan ascetic eschewed sensuality, the feudal landed economy, ostentatious wealth, sport, and art itself--all a part of the medieval Shakespearean aesthetic.
Therefore, he is more concerned about how Antonio's lending "brings down / The rate of usance here with us in Venice" (1.3.40-41, italics added) than how it results in his personal loss in forfeiture.
Compared with other exchanges, the usance was remarkably standardised, an effect of the large scale of the market, and of a comparatively homogeneous demand for bills because of the demand by agents for bills on London.