agio
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.
Origin of agio
1Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use agio in a sentence
The walls 228 are adorned with Christian emblems, and a monogram of Agios—Holy.
Rambles in Rome | S. Russell Forbes
British Dictionary definitions for agio
/ (ˈædʒɪəʊ) /
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
Origin of agio
1Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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