Definition of Usance in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is Usance? Meaning of Usance as a legal term. What does Usance mean in law?
Usance Letter of Credit: Overview, Meaning, Process and AdvantagesTable of Content A Usance Letter of Credit is a Commercial Letter of Credit under which a time draft, payable in not more than 90 days from the date thereof and presented to the Issuing Bank for acceptance by such Issuing ...