Background for agio
BeDict Logo

agio

/ˈæ.dʒiˌoʊ/

Meanings
noun
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.

Examples :

"Due to inflation, there was an agio on gold coins when exchanging them for paper currency. "
business finance economy value commerce

Related Words

Illustration currency

currency noun

/ˈkʌɹ.ən.si/ /ˈkɝ.ən.si/

Money or other items used to facilitate transactions.

"Wampum was used as a currency by Amerindians."

Illustration foreign

foreign noun

/ˈfɒɹən/ /ˈfɔɹən/

A foreign person, particularly:

"The foreign student in my class has a different cultural background than the rest of us. "

Illustration inferior

inferior noun

/ɪnˈfɪəɹɪə/ /ɪnˈfɪ(ə)ɹiɚ/

A person of lower stature to another

"As you are my inferior, I can tell you to do anything I want."

Illustration percentage

percentage noun

/pəˈsɛntɪd͡ʒ/ /pɚˈsɛntɪd͡ʒ/

The amount, number or rate of something, regarded as part of a total of 100; a part of a whole.

"A high percentage of secondary school leavers take a gap year."

Illustration exchanging

exchanging verb

/ɪksˈtʃeɪndʒɪŋ/ /ɛksˈtʃeɪndʒɪŋ/

To trade or barter.

"The students were exchanging stickers during recess. "

Illustration sometimes

sometimes adjective

/ˈsʌmtaɪmz/

Former; sometime.

"My sometimes neighbor, a retired teacher, still visits the school occasionally. "

Illustration discount

discount noun

/dɪsˈkaʊnt/

A reduction in price.

"This store offers discounts on all its wares. That store specializes in discount wares, too."

Illustration premium

premium noun

/ˈpɹimiəm/

A prize or award.

"The school awarded the top student a premium for their outstanding essay. "

Illustration called

called verb

[kɔld]

(heading) To use one's voice.

"The teacher called out my name during attendance. "

Illustration inflation

inflation noun

/ɪnˈfleɪʃən/

An act, instance of, or state of expansion or increase in size, especially by injection of a gas.

"The inflation of the balloon took five hours."

Illustration exchange

exchange noun

/ɛksˈtʃeɪndʒ/

An act of exchanging or trading.

"All in all, it was an even exchange."

Illustration better

better noun

[ˈbeɾə] [ˈbɛɾɚ] [ˈbɛtʰɚ~ˈbɛθ̠ɚ~ˈbɛt̪ɚ] [ˈbɛʔɚ~ˈbɛʔəɾ] [ˈbɛtʰə]

An entity, usually animate, deemed superior to another; one who has a claim to precedence; a superior.

"He quickly found Ali his better in the ring."