agio [ˈædʒɪəʊ]
agio
n pl -ios
1. (Economics, Accounting & Finance / Banking & Finance)
a. the difference between the nominal and actual values of a currency
b. the charge payable for conversion of the less valuable currency
2. (Economics, Accounting & Finance / Banking & Finance) a percentage payable for the exchange of one currency into another
3. (Economics, Accounting & Finance / Banking & Finance) an allowance granted to compensate for differences in currency values, as on foreign bills of exchange
4. (Economics, Accounting & Finance / Banking & Finance) an informal word for agiotage
[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
2. the fee paid to effect an exchange of currency. See also agiotage.
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. |  agio - a fee charged for exchanging currenciescharge - the price charged for some article or service; "the admission charge" |
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