Trade Finance Vocabulary

noun the period of time allowed for the payment of a bill of exchange

• The usance of this trade agreement is 30 days.
• We usually pay within the usance period to avoid any penalties.
• Let's try to stretch the usance a bit to give us more time to make the payment.
• The usance of tradition in this family is deeply ingrained.

noun a financial institution that specializes in accepting bills of exchange and promissory notes in order to facilitate international trade

• The acceptance house provided a safe and supportive environment for individuals in recovery.
• I heard that the acceptance house is a great place to get help for addiction.
• The acceptance house is like a home away from home for those struggling with substance abuse.
• To me, the acceptance house represents a beacon of hope for those seeking a fresh start.

noun a word that functions as the name of a specific person, place, thing, or idea

adverb a word that modifies or describes a verb, adjective, or another adverb

preposition a word that shows the relationship between a noun (or pronoun) and other words in a sentence

• The buyer's acceptance supra protest indicated their willingness to proceed with the transaction despite the issues raised.
• Even with the complaints, the customer's acceptance supra protest showed they were still on board.
• Dude, I can't believe she still accepted it supra protest, she's too nice.
• Her acceptance supra protest was like a green light to continue, no matter what obstacles came up.