agio
/ˈæ.d͡ʒoʊ/ noun
Forms agios
- noun (economics, finance) 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.
Synonyms
Etymology
Borrowed from Italian aggio.
Webster’s 1913
- 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.
Etymology [It. aggio exchange, discount, premium, the same word as agio ease. See Ease.]
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “agio”, CC BY-SA 4.0. Details