Definition of 'usance'

Noun

1. the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
2. (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
      Synonyms: consumption economic consumption use use of goods and services
3. accepted or habitual practice
      Synonyms: custom usage

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