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Interest paid on borrowed money
Answer for the clue "Interest paid on borrowed money ", 6 letters:
usance
Alternative clues for the word usance
- (commerce) the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
- Shylock's interest
- American expert retains name for former employment
- Country church accepts new time to pay foreign bills
- Interest of a sort
- Income from wealth ownership
- Customary bill-payment time
- Proper attitude when time has passed for agreed period of exchange
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 ...
WordNet
Word definitions in WordNet
n. 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; "the consumption of energy has increased ...
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.