agio

(ˈædʒɪəʊ) n, pl -ios1. (Banking & Finance) a. the difference between the nominal and actual values of a currencyb. the charge payable for conversion of the less valuable currency2. (Banking & Finance) a percentage payable for the exchange of one currency into another3. (Banking & Finance) an allowance granted to compensate for differences in currency values, as on foreign bills of exchange4. (Banking & Finance) an informal word for agiotage[C17: from Italian, literally: ease]

agio

1. the exchange rate between the currencies of different nations.
2. the fee paid to effect an exchange of currency. See also agiotage.See also: Finance

Thesaurus

Noun

agio - a fee charged for exchanging currenciesagiotage, exchange premium, premiumcharge - the price charged for some article or service; "the admission charge"

Translations

Agio

a deviation toward a higher market price of gold than the quantity of paper money that nominally represents the given gold quantity.

Agio is usually computed as a percentage. Agio also means a deviation toward a higher market rate for paper money, promissory notes, and other securities than their face value. The deviation toward a lower rate is called disagio.

Agio

AGIO, aggio. This term is used to denote the difference of price between thevalue of bank notes and nominal money, and the coin of the country. Encyc.

Agio

1. See: Foreign exchange.

2. A fee paid to a bank or other intermediary for exchanging two currencies.

AGIO

Acronym	Definition
AGIO➣Arkansas Geographic Information Office (agency coordinating spatial data)
AGIO➣Assistent Geneeskundige in Opleiding (Dutch: Medical Assistant in Training)
AGIO➣Association of Government Information Officers
AGIO➣Accredited Gold Interchange Operator (gold trade)

agio

enUS

noun

Synonyms for agio

noun a fee charged for exchanging currencies

Synonyms

agiotage
exchange premium
premium

Related Words

charge

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