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Agio

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia 0.03 sec.
Agio 

a deviation toward a higher market price of gold than the quantity of paper money that nominally represents the given gold quantity.

Agio is usually computed as a percentage. Agio also means a deviation toward a higher market rate for paper money, promissory notes, and other securities than their face value. The deviation toward a lower rate is called disagio.



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It was wonderful to hear him talk about millions, and agios, and discounts, and what Rothschild was doing, and Baring Brothers.
 
 
 
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