Exchange vs Agio - What's the difference?
exchange | agio |
An act of exchanging or trading.
A place for conducting trading.
A telephone exchange.
(telephony, US only? ) The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
A conversation.
* 2014 , Ian Black, "
(chess) The loss of one piece and associated capture of another
# The loss of a relatively minor piece (typically a bishop or knight) and associated capture of the more advantageous rook
(obsolete) The thing given or received in return; especially, a publication exchanged for another.
To trade or barter.
To replace with, as a substitute.
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.
* 1989 , Isaac Levy, translator, The Pentateuch'' (translation of, Samson Raphael Hirsch, ''Der Pentateuch, ubersetzt und erlautert ), second edition, volume 2, Exodus, Judaica Press, ISBN 0910818126, page 582 (commentary to Exodus 30:16),
* 1776 , Adam Smith, An inquiry into the nature and causes of the wealth of nations , [http://oll.libertyfund.org/index.php?option=com_staticxt&staticfile=show.php%3Ftitle=220&Itemid=28].
As nouns the difference between exchange and agio
is that exchange is an act of exchanging or trading while agio is 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.As a verb exchange
is to trade or barter.exchange
English
(wikipedia exchange)Etymology 1
From (etyl) eschaunge, from (etyl) eschaunge, from (etyl) eschange (whence modern French ). Spelling later changed on the basis of ex- in English.Noun
(en noun)- All in all, it was an even exchange .
- an exchange of cattle for grain
- The stock exchange is open for trading.
- The 555 exchange is reserved for use by the phone company, which is why it's often used in films.
- NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange .
- After an exchange with the manager, we were no wiser.
Courts kept busy as Jordan works to crush support for Isis", The Guardian , 27 November 2014:
- “Why bother with the daily grind when you can go to Mosul, get paid $400 a month, get a wife – and live an Islamic way,” went an exchange between two men overheard by a fellow passenger in a taxi. Rumour has it that a woman whose husband died fighting with Isis now receives a generous widow’s pension from jihadi coffers.
- (Shakespeare)
Derived terms
* bet exchange * bill of exchange * exchange rate * foreign exchange * foreign exchange market * ion exchange * ion exchange chromatography * ion exchange resin * key exchange * link exchange * local exchange carrier * means of exchange * medium of exchange * private branch exchange * stock exchange * telephone exchangeEtymology 2
From (etyl) eschaungen, from (etyl) eschaungier, eschanger, from the (etyl) verb eschangier, ).Verb
(exchang)- I'll gladly exchange my place for yours.
- I'd like to exchange this shirt for one in a larger size.
- Since his arrest, the mob boss has exchanged a mansion for a jail cell.
Derived terms
* exchange flesh * exchanger * exchange vowsExternal links
* * *agio
English
Noun
(en noun)- Owing to the enormous number of half-shekel coins required each year in Adar, these were greatly in demand, and the money-changers made a small fixed charge of an agio for changing whole into half shekels.
- The money of such banks being better than the common currency of the country, necessarily bore an agio , which was greater or smaller, according as the currency was supposed to be more or less degraded below the standard of the state.
