AGIOTAGE

agio, agiotage, premium, exchange premium

(noun) a fee charged for exchanging currencies

Source: WordNet® 3.1


Etymology

Noun

agiotage (countable and uncountable, plural agiotages)

(dated, trading) Stock exchange business; especially, stockjobbing, manipulation of securities prices.

Source: Wiktionary


Ag"i*o*tage, n. Etym: [F. agiotage, fr. agioter to practice stockjobbing, fr. agio.]

Definition: Exchange business; also, stockjobbing; the maneuvers of speculators to raise or lower the price of stocks or public funds. Vanity and agiotage are to a Parisian the oxygen and hydrogen of life. Landor.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

29 April 2024

SUBDUCTION

(noun) a geological process in which one edge of a crustal plate is forced sideways and downward into the mantle below another plate


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