AGIO

agio, agiotage, premium, exchange premium

(noun) a fee charged for exchanging currencies

Source: WordNet® 3.1


Etymology

Noun

agio (plural agios)

(economics, finance) 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.

Anagrams

• Iago

Source: Wiktionary


Ag"i*o, n.; pl. Agios. Etym: [It. aggio exchange, discount, premium, the same word as agio ease. See Ease.] (Com.)

Definition: 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.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

5 June 2025

UNDERLAY

(verb) raise or support (the level of printing) by inserting a piece of paper or cardboard under the type; “underlay the plate”


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Coffee Trivia

Espresso is both a coffee beverage and a brewing method that originated in Italy. When making an espresso, a small amount of nearly boiling water under pressure forces through finely-ground coffee beans. It has more caffeine per unit volume than most coffee beverages. Its smaller serving size will take three shots to equal a mug of standard brewed coffee.

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