usance Urdu Meaning
Usance - Urdu Meaning and Translation of Usance (مدت - muddat), Total 3 meanings for Usance , Roman Urdu Meaning for word Usance , Synonyms, Antonyms, English Definition and more.
1. n. accepted or habitual practice
2. n. (economics) the utilization of economic goods to satisfy needs or in manufacturing
3. n. the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)
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.
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