Thursday, January 03, 2008

Making it easy

Interesting that this meaning arose from a word in Italian meaning "ease".

agio

1. The percentage of charge made for the exchange of paper-money into cash, or for the exchange of a less valuable metallic currency into one more valuable; hence, the excess value of one currency over another.

2. loosely, Money-changing, exchange-business.

3. Comb. agio-jobber.