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A.Word.A.Day--agio
agio (AJ-ee-o) noun 1. The charge for exchanging currency. 2. The premium or percentage when paying in a foreign currency to compensate for the exchange cost. 3. Foreign exchange business. [From Italian agio (ease, convenience).] Today's word in Visual Thesaurus. "The second volume concentrated on the concept and nature of capital, concluding with a book about the concept of the agio." Donna M Kish-Goodling; Using The Merchant of Venice in Teaching Monetary Economics; College Teaching (Washington, DC); Spring 1999. This week's theme: words from the 2005 Spelling Bee.
X-BonusLove truth, but pardon error. -Voltaire, philosopher and writer (1694-1778) |
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