noun, plural ag·i·os.
Origin of agio
Examples from the Web for agio
But suppose that there is an agio from other causes, will not the legal tender aspect of money tend to increase it?
If the agio of the bank, however, should at any time fall to three per cent.
Under the system of free and gratuitous coinage, no agio of coined over uncoined bullion is possible.
All those who have an account in bank, may demand to be paid in ready money, but they cannot require the agio.
But the agio of the bank being now generally about five per cent.
British Dictionary definitions for agio
noun plural -ios
- the difference between the nominal and actual values of a currency
- the charge payable for conversion of the less valuable currency