Use "agio" in a sentence
agio example sentences
agio
1. Some people account in this manner for what is called the agio of the bank of Amsterdam, or for the superiority of bank money over current money, though this bank money, as they pretend, cannot be taken out of the bank at the will of the owner
2. It is upon this account, they say, the bank money sells for a premium, or bears an agio of four or five per cent
3. The difference between them is called the agio of the bank, which at Amsterdam is generally about five per cent
4. 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
5. The agio of the bank of Hamburg, for example, which is said to be commonly about fourteen per cent
6. In consequence of those different advantages, it seems from the beginning to have borne an agio; and it is generally believed that all the money originally deposited in the bank, was allowed to remain there, nobody caring to demand payment of a debt which he could sell for a premium in the market
7. The agio of five per cent
8. Even in ordinary and quiet times, it is the interest of the holders of receipts to depress the agio, in order either to buy bank money (and consequently the bullion which their receipts would then enable them to take out of the bank ) so much cheaper, or to sell their receipts to those who have bank money, and who want to take out bullion, so much dearer ; the price of a receipt being generally equal to the difference between the market price of bank money and that of the coin or bullion for which the receipt had been granted
9. It is the interest of the owners of bank money, on the contrary, to raise the agio, in order either to sell their bank money so much dearer, or to buy a receipt so much cheaper
10. agio, and to buy it in again at four per cent
11. In consequence of this resolution, the agio can never either rise above five, or sink below four per cent
12. agio, and sometimes to sink so low as par, according as opposite interests happened to influence the market
13. agio, and buying it in at four