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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
- Application: arch
- Bill-payment period
- (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
- Income from ownership of wealth
- (economics) the utilization of economic goods to satisfy needs or in manufacturing
- American expert retains name for former employment
Word definitions for usance in dictionaries
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 ...
Wiktionary
Word definitions in Wiktionary
n. 1 The length of time permitted for the payment of a bill of exchange. 2 use. 3 customary or habitual usage. 4 The interest payed on a borrowed sum, usury.
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.