🔤 Agio

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URDU

بَٹّاون، بٹّا، دو اقسام کے سِکّوں ميں قُدرَتی فَرَق، کاغَذی اور دھاتی سِکّے
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ENGLISH

📚noun
agio
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PRONUNCIATION

Standard: æ.dʒiˌoʊ
Phonetic: æ.dʒiˌoʊ
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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.
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SYNONYMS

premium agiotage exchange premium
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