usance

[yoo-zuh ns]
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noun
  1. Commerce. a length of time, exclusive of days of grace and varying in different places, allowed by custom or usage for the payment of foreign bills of exchange.
  2. Economics. the income of benefits of every kind derived from the ownership of wealth.
  3. Archaic.
    1. use.
    2. custom; habit.
  4. Obsolete. usury.

Origin of usance

1350–1400; Middle English usaunce < Old French usance, probably < Medieval Latin ūsantia, derivative of Latin ūsant- (stem of ūsāns), present participle of ūsāre to use; see -ance
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Examples from the Web for usance

Historical Examples of usance


British Dictionary definitions for usance

usance

noun
  1. commerce the period of time permitted by commercial usage for the redemption of foreign bills of exchange
  2. rare unearned income
  3. an obsolete word for usage, usury, use

Word Origin for usance

C14: from Old French, from Medieval Latin ūsantia, from ūsāre to use
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012