noun
- the period of time allowed for payment of a foreign bill of exchange
- established customs or practices
Usage: finance; formal
Usage: archaic; formal
Examples
- The bank extended the usances on the international trade bill.
- Foreign exchange usances vary by country and currency.
- The merchant requested longer usances for the overseas payment.
- Traditional usances governed the community’s daily life.
- Ancient usances were passed down through generations.
- The treaty respected local usances and customs.