usance

n. term of payment, period of repayment allowed for payment of a bill of exchange (Commerce); approved practice, customary practice

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Noun
1. the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
(hypernym) time period, period of time, period
(classification) commerce, commercialism, mercantilism
2. (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
(synonym) consumption, economic consumption, use, use of goods and services
(hypernym) demand
(hyponym) conspicuous consumption
(classification) economics, economic science, political economy
3. accepted or habitual practice
(synonym) custom, usage
(hypernym) practice, pattern
(hyponym) Americanism
(derivation) practice, apply, use

n. usage, custom, way

(v. t.)
Use; usage; employment.
  

(v. t.)
The time, fixed variously by the usage between different countries, when a bill of exchange is payable; as, a bill drawn on London at one usance, or at double usance.
  

(v. t.)
Interest paid for money; usury.
  

(v. t.)
Custom; practice; usage.