usance
pronunciation
How to pronounce usance in British English:
UK ['ju:zəns]
How to pronounce usance in American English:
US ['juzəns]
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- Noun:
- the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
- (economics) the utilization of economic goods to satisfy needs or in manufacturing
- accepted or habitual practice
Word Origin
Example
- 1. Usance draft to be negotiated at sight basis .
- 2. Be most obliged if you would grant us an additional 30 days usance on all payments .
- 3. Usance industrial ( hk ) co. , limited registered information .
- 4. Usance draft to be negotiated at sight basis , interest is for buyers account .
- 5. Usance draft shall be negotiated at sight basis , and discounting charge shall be for account of applicant .