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
Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Origin and Etymology of agio
Italian aggio, agio, alteration (by false word division, l being taken as the definite article) of Italian dialect lajjë, from Middle Greek allagion exchange, from Greek allagē change, exchange, from allos other — more at else
First Known Use: 1696
Seen and Heard
What made you want to look up agio? Please tell us where you read or heard it (including the quote, if possible).