noun
- plural of agiотage; the practice of exchanging or dealing in foreign currency or bills of exchange, often at a premium or discount.
- plural of agiотage; speculative dealings or manipulation in stocks, securities, or financial instruments.
Usage: finance; archaic or formal
Usage: finance; archaic or formal
Examples
- The merchant engaged in agiotages to profit from fluctuations in exchange rates.
- Agiotages were common among financiers during periods of currency instability.
- The bank's agiotages in foreign bills generated substantial revenue.
- Speculators relied on agiotages to capitalize on market volatility.
- Historical records document extensive agiotages during the colonial trade era.