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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
- Deferred payment term
- Time allowance for bill payment
- American expert retains name for former employment
- Interest of a sort
- (commerce) the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
- Accepted or habitual practice
- (economics) the utilization of economic goods to satisfy needs or in manufacturing
- Loan-repayment time period
Word definitions for usance in dictionaries
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Usance \Us"ance\, n. [F. See Use , v. t.] Use; usage; employment. [Obs.] --Spenser. Custom; practice; usage. [Obs.] --Gower. Chaucer. Interest paid for money; usury. [Obs.] --Shak. (Com.) The time, fixed variously by the usage between different countries, ...
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.