Agio

The Century Dictionary and Cyclopedia
  • noun. A commercial term in use, principally on the continent of Europe, to denote—
  • noun. The rate of exchange between the currencies of two countries, as between those of Italy and the United States.
  • noun. The percentage of difference in the value of two metallic currencies, or a metallic and a paper currency of the same denomination, in the same country; hence, premium on the appreciated currency, and disagio, or discount, on the depreciated one.
  • noun. An allowance made in some places for the wear and tear of coins, as in Amsterdam, Hamburg, etc.
  • the GNU version of the Collaborative International Dictionary of English
  • noun. The premium or percentage on a better sort of money when it is given in exchange for an inferior sort. The premium or discount on foreign bills of exchange is sometimes called agio.
  • Wiktionary, Creative Commons Attribution/Share-Alike License
  • noun. The premium or percentage on a better sort of money when it is given in exchange for an inferior sort. The premium or discount on foreign bills of exchange is sometimes called agio.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • noun. a fee charged for exchanging currencies
  • Word Usage
    "The difference between them is called the agio of the bank, which, at Amsterdam, is generally about five per cent."
    Hypernym
    Words that are more generic or abstract
    charge  
    Synonym
    Words with the same meaning