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Webster 1913 Edition
Agio
Ag′i-o
,Noun.
pl.
Agios
. [It.
aggio
exchange, discount, premium, the same word as agio
ease. See Ease.] (Com.)
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.
Webster 1828 Edition
Agio
A'GIO
, n.1.
In commerce, the difference between bank notes and current coin. In Holland, the agio is three or four per cent; in Rome, from fifteen to twenty five per cent; in Venice, twenty per cent: but the agio is subject to variation.2.
Premium; sum given above the nominal value.Definition 2024
agio
agio
English
Noun
agio (plural agios)
- 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.
- 1989, Isaac Levy, translator, The Pentateuch (translation of, Samson Raphael Hirsch, Der Pentateuch, ubersetzt und erlautert), second edition, volume 2, Exodus, Judaica Press, ISBN 0910818126, page 582 (commentary to Exodus 30:16),
- Owing to the enormous number of half-shekel coins required each year in Adar, these were greatly in demand, and the money-changers made a small fixed charge of an agio for changing whole into half shekels.
- 1776, Adam Smith, An inquiry into the nature and causes of the wealth of nations, .
- 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.
- 1989, Isaac Levy, translator, The Pentateuch (translation of, Samson Raphael Hirsch, Der Pentateuch, ubersetzt und erlautert), second edition, volume 2, Exodus, Judaica Press, ISBN 0910818126, page 582 (commentary to Exodus 30:16),
Translations
Anagrams
Italian
Etymology
Borrowing from Old Provençal aize, from Latin adiacentia. Cognate with French aise and aisance.
Noun
agio m (plural agi)
Antonyms
- (ease): disagio
Related terms
Verb
agio
- first-person singular present indicative of agiare