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usance - translation to russian
USING GOODS TO SATISFY NEEDS
usance
['ju:z(ə)ns]
существительное
общая лексика
установленный торговым обычаем срок платежа по иностранным векселям
финансы
установленный торговым обычаем срок для оплаты некоторых иностранных векселей
usance
срок векселя, установленный обычаем
usance
usance noun установленный торговым обычаем срок платежа по иностранным векселям
Definition
usance
['ju:z(?)ns]
¦ noun archaic
1. usage.
2. the time allowed for the payment of foreign bills of exchange.
Origin
ME: from OFr., from the base of user 'to use'.
Wikipedia
Usance
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 time, set by custom, before a bill of exchange could be redeemed at its destination.
