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agio

[ aj-ee-oh ]
/ ˈædʒ iˌoʊ /
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noun, plural ag·i·os.
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.
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Origin of agio

1675–85; <Italian a(g)gio exchange, premium, ultimately <Medieval Greek allágion, derivative of Greek allágē literally, change, barter; compare Venetian azo,Medieval Latin lazius
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use agio in a sentence

British Dictionary definitions for agio

agio
/ (ˈædʒɪəʊ) /

noun plural -ios
  1. the difference between the nominal and actual values of a currency
  2. 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

Word Origin for agio

C17: from Italian, literally: ease
Collins 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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