AGIO

A'GIO, noun 1. In commerce, the difference between bank notes and current coin. In Holland, the agio is three or four per cent; in Rome, from fifteen to twenty five per cent; in Venice, twenty per cent: but the agio is subject to variation.2. Premium; sum given above the nominal value.

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agio. Agio, n. the difference of exchange between bank-notes or bank-bills and current money

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Ag″i‐o (�), n.; pl. Agios (�). [[It. aggio exchange, discount, premium, the same word as agio ease. See Ease.]] (Com.) 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.