agio
/ˈɑːdʒioʊ/; /ˈæɪjoʊ/Definitions
1. noun
a charge or commission paid or taken for making a loan, especially a loan of money at interest
“The bank charges an agio of 5% on all loans to foreign customers.”
2. noun
a premium or bonus, especially one paid for the privilege of purchasing something at a lower price
“The store offered an agio on all items during the holiday sale.”
3. noun
a percentage or commission paid or charged for making a currency exchange
“The exchange office charges a 2% agio on all foreign currency exchanges.”