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agio
[ aj-ee-oh ]
noun
plural agios.
- a premium on money in exchange.
- an allowance for the difference in value of two currencies.
- an allowance given or taken on bills of exchange from other countries, as to balance exchange expenses.
agio
/ ˈæ»åÏôɪəʊ /
noun
- the difference between the nominal and actual values of a currency
- the charge payable for conversion of the less valuable currency
- a percentage payable for the exchange of one currency into another
- an allowance granted to compensate for differences in currency values, as on foreign bills of exchange
- an informal word for agiotage
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˜yÐÄvlog History and Origins
Origin of agio1
1675–85; < Italian a ( g ) gio exchange, premium, ultimately < Medieval Greek ²¹±ô±ôá²µ¾±´Ç²Ô, derivative of Greek ²¹±ô±ôᲵŧ literally, change, barter; compare Venetian azo, Medieval Latin lazius
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˜yÐÄvlog History and Origins
Origin of agio1
C17: from Italian, literally: ease
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Example Sentences
Examples have not been reviewed.
Behold thus this agio establishment, and the money of the bank, worth five per cent more than the current money.
From
The premium or discount on foreign bills of exchange is sometimes called agio.
From
The question of the agio of the Hamburg banco system belongs rather to the history of banking.
From
The agio at Amsterdam, how kept at a medium rate, 197.
From
Paper money passes without fight or agio upon the prices demanded.
From
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