Agio
Definitions
3
Posts
3
Posters
158
Views
-
The premium or percentage on a better sort of money when it isgiven in exchange for an inferior sort. The premium or discount onforeign bills of exchange is sometimes called agio.
-
Agio can refer to a bond premium (when a bond’s market value is greater than its par value) or a fee paid for a foreign exchange transaction.
-
The percentage charged on the exchange of one currency, or one form of money, into another that is more valuable.
Explore More Definitions
Browse our collection of 300,000+ community-written definitions