WordNet
- the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
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出典(authority):フリー百科事典『ウィキペディア（Wikipedia）』「2015/02/19 19:02:10」(JST)
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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.
In today's financial world, the term usance denotes the period of time between the date of the bill and the payment of the bill, which is allowed by law. Usance differs from country to country. Some countries may have a usance period of as little as 2 weeks, while some others may have a usance period of up to 2 months. Usance usually applies to items or goods purchased on credit.
Usance may also mean the interest that will be charged on the person who has borrowed some amount of money. Thus, usance here means the profits earned from the lending of principal.[1]
Usance as a bill of exchange
One of the major uses of Usance Bills is Drafts are used in arrangements where deferred payments are used. In such a case, the payment is made on a particular date in the future, which is determined in the future according to the letter of credit. The date of maturity, when the payment needs to be made may be at a date.
- After the person accepting the draft accepts the draft.
- At a specific pre-determined date in the future.
In some case, when there is no particular fixed date, the acceptor may refuse to accept the draft, thus extending the date of maturity.[2]
References
- ^ "Usance".
- ^ "Bills of Exchange".
English Journal
- Contemplations on the paradigm of self and nonself discrimination and on other concepts ruling contemporary immunology.
- Thiele HG1.
- Cellular and molecular biology (Noisy-le-Grand, France).Cell Mol Biol (Noisy-le-grand).2002 May;48(3):221-36.
- The present paper critically deals with the widely accepted but nevertheless in recent years controversely discussed paradigms that the immune system may discriminate between self and nonself and harmless and dangerous, respectively. Concepts like these, and there are some more in actual immunology,
- PMID 12030426
Japanese Journal
- 国際取引の諸制度を見直す(4)ユーザンス金利と関税
- アロー戦争後の長江中下流域の信用構造と世界市場 : アメリカ南北戦争の影響を中心に
Related Links
- usanceとは。意味や和訳。[名詞]1 〔商業〕 ユーザンス：慣習[法律]に基づく手形の支払期間；外国の為替手形の満期日までの一定期間で，振出地と支払地間の取引の慣習により異なる.2 〔経済〕 富の所有から生じるあらゆる種類の ...
- usance 【名】《金融》ユーザンス 手形の支払期限 - アルクがお届けする進化するオンライン英和・和英辞書データベース。一般的な単語や連語から、イディオム、専門用語、スラングまで幅広く収録。
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