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(commerce) the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
Answer for the clue "(commerce) the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange) ", 6 letters:
usance
Alternative clues for the word usance
- Proper attitude when time has passed for agreed period of exchange
- Income from wealth ownership
- Income from ownership of wealth
- (economics) the utilization of economic goods to satisfy needs or in manufacturing
- Interest paid on borrowed money
- Country church accepts new time to pay foreign bills
- Loan-repayment time period
- Time allowance for bill payment
Word definitions for usance in dictionaries
Wikipedia
Word definitions in Wikipedia
Usance refers to the utilization of economic goods to satisfy needs. In manufacturing, "usance" means "inputs." It is used in "usance bills." This terminology is used in banks in India, when dealing with forex . In medieval banking , "usance" denoted the ...
Usage examples of usance.
Bills well in advance of the expiration of their usance, as this will give the payer more time to make arrangements to deliver the specie.