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- Dictionarypremium/ˈpriːmɪəm/
noun
- 1. an amount to be paid for a contract of insurance. Similar
- 2. a sum added to an ordinary price or charge: "customers are reluctant to pay a premium for organic fruit" Similar
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PREMIUM definition: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.
The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
PREMIUM meaning: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.
A premium is a sum of money that you have to pay for something in addition to the normal cost. Even if customers want 'solutions', most are not willing to pay a premium for them. Callers are charged a premium rate of 48p a minute. Synonyms: surcharge, extra charge, additional fee or charge More Synonyms of premium. 3. adjective [ADJECTIVE noun]
Premium definition: a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.. See examples of PREMIUM used in a sentence.
Definition of premium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
1. a prize or bonus given as an inducement, as to purchase products. 2. a bonus, gift, or sum additional to price, wages, interest, or the like. 3. the amount usu. paid in installments by a policyholder for coverage under a contract. 4. a sum above the nominal or par value of a thing.
adjective. having 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”.
PREMIUM definition: 1. an amount of money you pay for insurance (= payments for an accident or illness): 2. an amount…. Learn more.
a bonus, gift, or sum added as an extra to the price of something, to one's wages, etc. Business the amount paid in installments by a policyholder for coverage, as for insurance: Car insurance premiums have skyrocketed. great value: puts a high premium on loyalty. adj. [ often: before a noun]