Coffee is the second largest traded commodity in the world, next to crude oil. It’s also one of the oldest commodities, with over 2.25 billion cups of coffee consumed worldwide daily.
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
Recent Word Finds
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RUE
(noun) European strong-scented perennial herb with grey-green bitter-tasting leaves; an irritant similar to poison ivy
Coffee Trivia
