agio, agiotage, premium, exchange premium
(noun) a fee charged for exchanging currencies
Source: WordNet® 3.1
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.
• 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
17 January 2025
(verb) conform one’s action or practice to; “keep appointments”; “she never keeps her promises”; “We kept to the original conditions of the contract”
The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.
