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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How to use agio in a sentence
The agio is variable, but is supposed to be constant in this table for the purpose of calculation.Letters of David Ricardo to Thomas Robert Malthus, 1810-1823 | David Ricardo
For they received agio on their money, and by sending it in the form of merchandise, reaped a second profit.The Two First Centuries of Florentine History | Pasquale Villari
In so far as substitution is possible, there is no room for an agio.
It is not the legal peculiarity of money, as legal tender, which is necessarily responsible for this agio when it appears.
The legal tender peculiarity may, however, in special circumstances be a source of a very considerable temporary agio.
British Dictionary definitions for agio
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
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