| Agio (n.) 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. Thesaurus Entries abatement, allowance, bank discount, breakage, cash discount, chain discount, charge-off, concession, cut, deduction, depreciation, discount, drawback, kickback, penalty, penalty clause, percentage, premium, price reduction, price-cut, rebate, rebatement, reduction, refund, rollback, salvage, setoff, tare, time discount, trade discount, tret, underselling, write-off |