agio, agiotage, premium, exchange premium(noun)
a fee charged for exchanging currencies
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.
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
Origin: [It. aggio exchange, discount, premium, the same word as agio ease. See Ease.]
Agio is a term used in commerce for exchange rate, discount or premium.
Chambers 20th Century Dictionary
ā′ji-o, n. the difference between the real and nominal value of money, or between metallic and paper money: the variations from fixed pars or rates of exchange: discount. [It. agio, aggio, ease, convenience.]
What does AGIO stand for? -- Explore the various meanings for the AGIO acronym on the Abbreviations.com website.
The numerical value of agio in Chaldean Numerology is: 3
The numerical value of agio in Pythagorean Numerology is: 5
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