Usance

Usance
1. The allowable period of time, permitted by custom, between the date of bill and its payment. The usance of a bill varies between countries, often ranging from two weeks to two months.

2. The interest charged on borrowed funds. Usance is derived from the action of usury.

3. The use of goods for economic purposes.

1. Usance applies to many items purchased on credit or a company's accounts payable. For example, a company that purchases materials from a supplier will receive the goods today. The bill will be delivered today, but the company might have up to 30 days to pay it. The 30 days represents the usance for the sale.

2. When a person lends money, he or she will charge a usance in exchange for the service. In this case, usance relates to the profits made from the lending of principal.

3. Usance is the process of using goods to fulfill economic needs. This involves refining materials into finished goods, or the consumption of goods to satisfy needs.


Investment dictionary. . 2012.

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  • usance — ● usance nom féminin (de user) Conditions particulières imposées par la Banque de France à certains effets de commerce au réescompte. ⇒USANCE, subst. fém. A. Vx., au plur. Coutumes, usages établis. Comment renoncer aux usances câlines, au confort …   Encyclopédie Universelle

  • 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 period of …   Wikipedia

  • Usance — Us ance, n. [F. See {Use}, v. t.] [1913 Webster] 1. Use; usage; employment. [Obs.] Spenser. [1913 Webster] 2. Custom; practice; usage. [Obs.] Gower. Chaucer. [1913 Webster] 3. Interest paid for money; usury. [Obs.] Shak. [1913 Webster] 4. (Com.)… …   The Collaborative International Dictionary of English

  • usance — Usance. sub. f. Usage receu. L usance du pays, des lieux. Il sign. aussi, En matieres de lettres de change, terme d un mois. Il y a une lettre sur un tel à usance, elle est payable à deux usances, à trois usances …   Dictionnaire de l'Académie française

  • Usance — [y zã:s] die; , n [...sn̩] <aus gleichbed. fr. usance zu user »gebrauchen«, dies über vulgärlat. usare zu lat. usum, vgl. ↑Usus> Brauch, Gepflogenheit im Geschäftsverkehr …   Das große Fremdwörterbuch

  • Usance — (fr., spr. Üsangs), Gebrauch, Sitte, Wechselfrist; s. Handelsusancen. Usancen von Helsingor, s.u. Sundzoll S. 96 …   Pierer's Universal-Lexikon

  • Usance — (franz., spr. üsāngß , Usanz), Herkommen, Gewohnheit; namentlich eine unter Kaufleuten allgemein beobachtete tatsächliche Übung (s. Handelsgesetzbuch, § 346; vgl. Handelsgebrauch) …   Meyers Großes Konversations-Lexikon

  • Usance — (frz., spr. üsángß), Herkommen, Gebrauch, bes. Handelsbrauch …   Kleines Konversations-Lexikon

  • Usance — Usance,die:⇨Gewohnheit(1) …   Das Wörterbuch der Synonyme

  • Usance — [y zã:s ], die; , n <französisch> (Brauch, Gepflogenheit) …   Die deutsche Rechtschreibung

  • usance — ou usage, Vsura, Vsus …   Thresor de la langue françoyse

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