USANCE • DICTIONARY ONE.COM • Definition of Usance

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Usance

noun

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. Synonyms: consumption, economic consumption, use, use of goods and services.

Accepted or habitual practice. Synonyms: custom, usage.

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Etymology of 'Usance'

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"Usance" Quotes from Famous Books

... by the consistent definition and use of terms. A material economic object is a good, is a form of wealth. The usance of wealth and the service of laborers at the moment rendered constitute forms of income. The right of ownership, i.e., the right to control, use, or direct the use of wealth and services, is property, which is therefore the right to receive incomes. The ...

— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... chase: it might have been imagined that the courtiers indulged themselves in making epigrams by hearing them say seriously, on those days when the King did not hunt, "The King does nothing to-day."—[In sporting usance (see ...

— Memoirs Of The Court Of Marie Antoinette, Queen Of France, Complete • Madame Campan

... had my own will, I would not have married Wisdom herself, if she would have had me. But 'tis to much purpose to evade it; the common custom and usance of life will have it so. The most of my actions are guided by example, not by choice, and yet I did not go to it of my own voluntary motion; I was led and drawn to it by extrinsic occasions; for not ...

— The Essays of Montaigne, Complete • Michel de Montaigne