English
agio
Agio comes from Italian aggio ‘premium’.
- Italianc. 1300–presentaggio‘premium’
- Englishearliest quotation 1776agio
attested reconstructed ? uncertain or disputed
Earlier history uncertain.
Lineage
- Italianc. 1300–presentaggio‘premium’
- Englishearliest quotation 1776agio
Earliest quotation: 1776, Adam Smith: “The money of such banks being better than the…”
Every English word from Italian aggio
Today it means
noun 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.
Language periods are conventional ranges, not dates for this word.
Etymograph / Italian aggio / agio