Meaning of Usance in Urdu

Meaning and Translation of Usance in Urdu Script and Roman Urdu with Definition, Wikipedia Reference, Synonyms, Antonyms,

Urdu Meaning or Translation

usance muddat مدت
usance meyaad ميعاد
usance meyaad adaeghi ميعاد ادائيگي

Definition

1. accepted or habitual practice

2. (economics) the utilization of economic goods to satisfy needs or in manufacturing

3. the period of time permitted by commercial usage for the payment of a bill of exchange (especially a foreign bill of exchange)

Wikipedia

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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