agio

listen to the pronunciation of agio
English - English
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
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