agio
noun[usually singular]
FINANCE,MONEYuk/ˈædʒiˌəʊ/us(alsospread)
thedifferencebetween thepricesforbuyingandsellingaparticularcurrency
(alsoexchange premium)
thecostofexchangingonecurrencyfor another:
The agiochargedforEurotransactionswill be aminimum0.50%.
informal
→agiotage