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.(noun)
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Use "agio" in a sentence
"The difference between them is called the agio of the bank, which, at Amsterdam, is generally about five per cent."
"Are you sure this comment violates TPM's Terms of Service? agio"
"December 17, 2009 3: 28 PM in reply to agio using his bully pulpit with the public to goad Senators, perhaps the least accountable to the public elected officials in the U.S., into "behaving" would not, IMHO, have gotten results."