Meaning of AGIO
| Pronunciation: | | 'ajee`ow
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 WordNet Dictionary |
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| | Definition: | | [n] a fee charged for exchanging currencies |
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| | Synonyms: | | agiotage, exchange premium, premium |
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| | See Also: | | charge | |
| Webster's 1913 Dictionary |
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| | Definition: | | \Ag"i*o\, n.; pl. {Agios}. [It. aggio exchange, discount,
premium, the same word as agio ease. See Ease.] (Com.)
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.
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| Thesaurus Terms |
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| | Related Terms: | | abatement, allowance, bank discount, breakage, cash discount, chain discount, charge-off, concession, cut, deduction, depreciation, discount, drawback, kickback, penalty, penalty clause, percentage, premium, price reduction, price-cut, rebate, rebatement, reduction, refund, rollback, salvage, setoff, tare, time discount, trade discount, tret, underselling, write-off |
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