agio

English dictionary entry

Meanings

noun
  1. 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.

Pronunciation

/ˈæ.d͡ʒoʊ/ /ˈɑː.d͡ʒoʊ/ /ˈæ.d͡ʒiˌoʊ/

Word forms

agio agios

Etymology

Borrowed from Italian aggio.

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