- 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
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. 2018
Examples from the Web for agios
Historical Examples of agios
The walls 228 are adorned with Christian emblems, and a monogram of Agios—Holy.Rambles in Rome
S. Russell Forbes
- 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
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