agio

noun \ ˈa-(ˌ)jō , ˈa-jē-ˌō , ˈä-(ˌ)jō \

Definition of agio

plural -s

1 a : 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

There's more!

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

NEW! Time Traveler

First Known Use: 1696

in the meaning defined at sense 1a

See Words from the same year