agio Meaning, Definition & Usage

  1. noun a fee charged for exchanging currencies
    premium; agiotage; exchange premium.

WordNet

Ag"i*o noun
Etymology
It. aggio exchange, discount, premium, the same word as agio ease. See Ease.
Wordforms
plural Agios
Definitions
  1. (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 1913