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Agio |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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