agio

UK: /ˈædʒɪəʊ/ US: (aj′ē ō′)

Inflections of 'agio' (n): npl: agios

WordReference Random House Unabridged Dictionary of American English © 2025

ag•i•o  (aj′ē ō′), n., pl. -os. 

1. Business a premium on money in exchange.
2. Business an allowance for the difference in value of two currencies.
3. Business an allowance given or taken on bills of exchange from other countries, as to balance exchange expenses.
4. Business agiotage.

• Medieval Greek allágion, derivative of Greek allágē literally, change, barter; compare Venetian azo, Medieval Latin lazius
• Italian a(g)gio exchange, premium, ultimately
• 1675–85

Collins Concise English Dictionary © HarperCollins Publishers::

agio / ˈædʒɪəʊ/ noun ( -ios)

1. the difference between the nominal and actual values of a currency
2. the charge payable for conversion of the less valuable currency

Etymology: 17th Century: from Italian, literally: ease