agio

Definition of agio in English English dictionary: 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 money of such banks being better than the common currency of the country, necessarily bore an agio, which was greater or smaller, according as the currency was supposed to be more or less degraded below the standard of the state.; {n} the difference of exchange between bank-notes or bank-bills and current money; Difference in the value between currencies Also used to describe percentage charges for conversion from paper money into cash, or from a weak into a strong currency; a fee charged for exchanging currencies; Name given to a surcharge expressed in per cent on the capital investment in shares or the interest in a limited partnership; An NCA Task Force on money laundering which makes extensive use of FTR information; Premium received by a broker from an exporter for assuming the exporter's countertrade obligations The commission paid to the broker represents a disagio for the exporter; premium; The premium or discount on foreign bills of exchange is sometimes called agio; {i} premium charged for exchanging currencies; discount given when paying in foreign currency; The premium or percentage on a better sort of money when it is given in exchange for an inferior sort

agio

Hyphenation

ag·i·o

History

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