- nounpremium (noun) · premiums (plural noun)
- an amount to be paid for an insurance policy.
- a sum added to an ordinary price or charge:"customers are reluctant to pay a premium for organic fruit"
- a sum added to interest or wages; a bonus.
- relating to or denoting a commodity or product of superior quality and therefore a higher price:"premium beers"
- stock marketthe amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents:"the fund has traded at a premium of 12%"
- something given as a reward, prize, or incentive:"the Society of Arts awarded him a premium"
Originearly 17th century (in the sense ‘reward, prize’): from Latin praemium ‘booty, reward’, from prae ‘before’ + emere ‘buy, take’.Similar and Opposite Wordsnoun- an amount to be paid for an insurance policy.
- a sum added to an ordinary price or charge:
- a sum added to interest or wages; a bonus.
- relating to or denoting a commodity or product of superior quality and therefore a higher price:
- the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents:
- something given as a reward, prize, or incentive:
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- Premium is a noun that means an amount that is more than usual or higher than average12. It can be used to describe a prize or bonus given when buying a product or service, or an extra sum added to the price of something, to one's wages, etc.13. For example, one might pay a premium for the best location, or receive a premium as a gift for purchasing a product.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.premium noun (EXTRA) Add to word list [ C ] an amount that is more than usual: We're willing to pay a premium for the best location. Because of their location, these offices attract a premium. The modified cars are available at a premium of five percent over the original price.dictionary.cambridge.org/dictionary/english/premiumpremium noun (HIGH RATE) an amount or rate that is higher than average: You pay a premium for apartments in the city centre.dictionary.cambridge.org/dictionary/learner-english/…pre•mi•um /ˈprimiəm/ n. [ countable] a prize or bonus given, for example, when purchasing a product, as a way of increasing sales: The premium was a little gadget to hold your toothbrush. a bonus, gift, or sum added as an extra to the price of something, to one's wages, etc.www.wordreference.com/definition/premium
Premium Definition & Meaning - Merriam-Webster
WebLearn the meaning of premium as a noun and an adjective, with synonyms, examples, and word history. Premium can refer to a reward, a price, a quality, or a value.
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PREMIUM Definition & Meaning | Dictionary.com
WebPremium is a noun meaning a prize, bonus, or award, or an adjective meaning of exceptional quality or higher price. Learn more about the origin, synonyms, and usage of premium with examples and quizzes.
PREMIUM | definition in the Cambridge English Dictionary
WebLearn the meaning of premium as a noun and an adjective in different contexts, such as extra, payment, fuel, and quality. See how to use premium in sentences and idioms with examples from various sources.
PREMIUM | English meaning - Cambridge Dictionary
WebLearn the meaning of premium as a noun and an adjective in English, with synonyms, antonyms and related words. Find out how to use premium in different contexts, such as extra payment, insurance, quality or importance.
premium noun - Definition, pictures, pronunciation and usage …
WebLearn the meaning of premium as an amount of money paid for an insurance policy or an extra payment added to the basic rate. Find out how to use premium in idioms and collocations with examples and synonyms.
PREMIUM definition and meaning | Collins English Dictionary
Web1 day ago · Learn the various meanings and uses of the word premium, such as a sum of money paid for insurance, a bonus, or a prize. See examples, synonyms, and pronunciation of premium in British and American English.
Premium - Definition, Meaning & Synonyms | Vocabulary.com
Webhaving or reflecting superior quality or value. “ premium gasoline at a premium price”. synonyms: superior. of high or superior quality or performance. noun. the amount that something in scarce supply is valued above its nominal value. “they paid a premium for access to water”. see more.
PREMIUM | meaning - Cambridge Learner's Dictionary
WebPremium can be a noun or an adjective. As a noun, it means an amount of money you pay for insurance or a higher rate. As an adjective, it means of a higher quality or value than others.
PREMIUM Definition & Usage Examples | Dictionary.com
Webpremium. [ pree-mee- uhm ] show ipa. See synonyms for premium on Thesaurus.com. noun. a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. a bonus, gift, or sum additional to price, wages, interest, or the like.
Premium - definition of premium by The Free Dictionary
WebPremium is a noun that means an amount paid or required for something, such as an insurance policy, a loan, or a prize. It can also be an adjective that means of superior quality or value. See different sources and translations of premium.
premium | meaning of premium in Longman Dictionary of …
WebPremium can be a noun or an adjective with different meanings related to insurance, quality, or price. Learn how to use premium in sentences with examples from the corpus and business dictionary.
premium adjective - Definition, pictures, pronunciation and usage …
Web[only before noun] very high (and higher than usual); of high quality. premium prices/products. Daytime calls are charged at premium rate. Word Origin. Definitions on the go. Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app. See premium in the Oxford Advanced American …
premium - WordReference.com Dictionary of English
WebPremium is a noun that means a prize, bonus, or extra payment, or an adjective that means of high quality or value. Learn how to use premium in different contexts, such as insurance, wine, or business, with synonyms and idioms.
Premium Definition & Meaning | YourDictionary
WebLearn the various meanings and uses of the word premium, such as a payment, a reward, or a superior quality. See synonyms, antonyms, examples, and related words for premium.
premium | definition in the Cambridge Learner’s Dictionary
WebLearn the meaning of premium as a noun and an adjective, and how to use it in different contexts. Find out the synonyms, translations and related words of premium in English.
Premium Definition & Meaning | Britannica Dictionary
WebPREMIUM meaning: 1 : the price of insurance the amount paid for insurance; 2 : a price that is higher than the regular price.
premium noun - Definition, pictures, pronunciation and usage …
WebLearn the meaning of premium as an amount of money paid for an insurance policy or an extra payment added to the basic rate. See how to use premium in sentences and idioms with the Oxford Advanced Dictionary.
PREMIUM Synonyms: 70 Similar and Opposite Words - Merriam …
WebSynonyms for PREMIUM: prize, award, accolade, honor, blue ribbon, decoration, trophy, medal; Antonyms of PREMIUM: inexpensive, cheap, reasonable, moderate, worthless, valueless, discounted.
Premium: Definition, Meanings in Finance, and Types - Investopedia
WebApr 20, 2023 · Broadly speaking, a premium is a price paid for above and beyond some basic or intrinsic value. Relatedly, it is the price paid for protection from a loss, hazard, or harm...
What Is an Insurance Premium? - NerdWallet
WebFeb 7, 2024 · An insurance premium is the price you pay for a policy. Costs can vary based on the type of coverage you buy. By Georgia Rose. and Amy Danise. Updated Feb 7, 2024. Many...
Insurance Premium Defined, How It's Calculated, and Types
WebMar 3, 2022 · An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home,...
What Are Insurance Premiums? - The Balance
WebOct 19, 2022 · Definition. An insurance premium is the amount of money an insurance company charges you for the insurance policy you choose to purchase. Learn how it works.
What is a health insurance premium? | healthinsurance.org
WebA health insurance premium is the amount – typically billed monthly – that policyholders pay for health coverage. Policyholders must pay their premiums each month regardless of whether they visit a doctor or use any other healthcare service.
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