„Usance“
What does Usance stand for?
The common period fixed for payment by usage, custom, or habit of dealings between the country where a bill of exchange is drawn and that where it is payable. It varies according to the countries involved.
Source:
Financial and BankingView all itemsHunt, B.C. (1994). The History of Negotiable Instruments in English Law. London: A. & C. Black.
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