USANCE

In commerce, the time during which a bill of exchange is payable

• Application: arch.

• Benefits of wealth, in economics

• Custom or practice: Var.

• Customary bill-payment time

• Income from ownership of wealth

• Income from wealth

• Interest of a sort

• Interest paid on borrowed money

• (commerce) 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

• Accepted or habitual practice