agio Definition
the difference between the nominal value of a currency and its actual value.
Using agio: Examples
Take a moment to familiarize yourself with how "agio" can be used in various situations through the following examples!
Example
The agio on the euro is currently very low.
Example
The bank charges a commission on all agio transactions.
Origins of agio
from Italian 'agio', meaning 'exchange premium'
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Summary: agio in Brief
'Agio' [ˈeɪdʒiəʊ] refers to the difference between the nominal value of a currency and its actual value. It is used in financial contexts, such as exchange rates and transactions. An example sentence is 'The agio on the euro is currently very low.'
