Agio

Pronunciation: /ˈædʒioʊ/

Definitions of agio

noun the difference between the nominal value of coin and that for which it is exchanged

Example Sentences

A1 I paid a small agio to upgrade my seat on the plane.

A2 The hotel charged an agio for late check-out.

B1 There was an agio added to the price for expedited shipping.

B2 The store offered a discount for paying in cash instead of using a credit card, which offset the agio.

C1 Investors often pay an agio for purchasing shares in a company before it goes public.

C2 The luxury car dealership included a high agio in the price due to the limited availability of the model.

Examples of agio in a Sentence

formal The investment firm charged a premium agio for their services.

informal I had to pay an extra agio for expedited shipping on my order.

slang They tacked on an agio fee for last-minute changes to the reservation.

figurative She always seems to have an agio on her opinions, making them more valuable to others.

Grammatical Forms of agio

• past tense: agioed
• plural: agios
• comparative: more agio
• superlative: most agio
• present tense: agios
• future tense: will agio
• perfect tense: have agioed
• continuous tense: am agioing
• singular: agio
• positive degree: agio
• infinitive: to agio
• gerund: agioing
• participle: agioed

Origin and Evolution of agio

First Known Use: 1601 year

Language of Origin: Italian

Story behind the word: The word 'agio' originated from Italian, specifically from the word 'agio' meaning ease or convenience.

Evolution of the word: Over time, the meaning of 'agio' shifted to refer to a premium or fee charged for exchanging currencies or securities, reflecting the financial context in which it is commonly used today.