Definitions for "Usance"
Keywords:  tenor
Same as Tenor.
Use; usage; employment.
Custom; practice; usage.
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.
Keywords:  usury, paid, money, interest
Interest paid for money; usury.
Keywords:  habitual, accepted, practice
accepted or habitual practice
(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
The time allowed for settlement of a draft.
The length of time allowed for a letter of credit or negotiable instrument to be paid.
Usance Draft Usance Letter of Credit