agio

/ˈæ.dʒiˌoʊ/ · noun

Meaning

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 / origin

No prose etymology has been added yet.

No ancestor words have been linked yet.

Related words

agiotage(English)premium(English)exchange premium(English)discount(English)interest(English)price of money(English)interest rate(English)markup rate(English)assi(English)bank(English)rate(English)

Descendant words

No descendant words have been linked yet.

Sources

DictionaryAPI.dev English dictionary data

agio — meaning and etymology | WikiWord