Usance
Pronunciation : Us"ance
Part of Speech : n.
Etymology : [F. See Use, v. t.]
Definition : 1. Use; usage; employment. [Obs.] Spenser.
2. Custom; practice; usage. [Obs.] Gower. Chaucer.
3. Interest paid for money; usury. [Obs.] Shak.
4. (Com.)
Defn: The time, fixed variously by the usage between different countries, when a bill of exchange is payable; as, a bill drawn on London at one usance, or at double usance.
Source : Webster's Unabridged Dictionary, 1913