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agio
[aj-ee-oh]
noun
plural
agiosa 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.
agio
/ ˈæɪəʊ /
noun
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
51Թ History and Origins
Origin of agio1
51Թ History and Origins
Origin of agio1
Example Sentences
Behold thus this agio establishment, and the money of the bank, worth five per cent more than the current money.
The premium or discount on foreign bills of exchange is sometimes called agio.
The question of the agio of the Hamburg banco system belongs rather to the history of banking.
The agio at Amsterdam, how kept at a medium rate, 197.
Paper money passes without fight or agio upon the prices demanded.
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