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Deferred payment term
Answer for the clue "Deferred payment term ", 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)
- Benefits of wealth, in economics
- Customary bill-payment time
- Income from ownership of wealth
- American expert retains name for former employment
- (economics) the utilization of economic goods to satisfy needs or in manufacturing
- Application: arch
- Interest of a sort
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 ...
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.