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Definition of usance

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noun (n)

  • the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange) (noun.time)
    source: wordnet30
  • (economics) the utilization of economic goods to satisfy needs or in manufacturing (noun.process)
    source: wordnet30
  • accepted or habitual practice (noun.act)
    Synonym: custom, usage
    source: wordnet30
  • Use; usage; employment. (noun)
    source: webster1913

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