\ ˈa-(ˌ)jō, ˈa-jē-ˌō, ˈä-(ˌ)jō \
plural -s
Definition of agio
1a
: a premium or percentage paid for the exchange of one currency for another (as where gold is given for silver or metallic for paper currency)
b
: the premium or discount on foreign bills of exchange
2
: money changing
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“Agio.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/agio. Accessed 17 Apr. 2021.
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The first known use of agio was in 1696
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