(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.

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