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- DictionaryPre·mi·um/ˈprēmēəm/
noun
- 1. an amount to be paid for an insurance policy.
- 2. a sum added to an ordinary price or charge: "customers are reluctant to pay a premium for organic fruit"
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 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. Synonyms: reward.
PREMIUM definition: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.
Definitions of premium. 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.
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.
premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual: an insurance premium; a premium for express delivery
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.
Definition of premium noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
PREMIUM definition: 1. an amount of money you pay for insurance (= payments for an accident or illness): 2. an amount…. Learn more.
A reward or prize, esp. one offered free or at a special low price as an added inducement to buy or do something; bonus. A sum of money or bonus paid in addition to a regular price, salary, or other amount. Many people are willing to pay a premium to live near the ocean.
premium meaning, definition, what is premium: the cost of insurance, especially the am...: 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]
PREMIUM meaning: 1 : the price of insurance the amount paid for insurance; 2 : a price that is higher than the regular price.
There are nine meanings listed in OED's entry for the word premium. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
Synonyms for PREMIUM: prize, award, accolade, honor, blue ribbon, decoration, trophy, medal; Antonyms of PREMIUM: inexpensive, cheap, reasonable, moderate, worthless, valueless, discounted.
Definition of premium adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
premium meaning: 1. an amount of money you pay for insurance (= payments for an accident or illness): 2. an amount…. Learn more.
A premium is a specified amount of money paid periodically for something of value, such as a contract, service, or product. It's commonly used in context of insurance where it refers to the amount paid by the insured individual to the insurance company for coverage against certain risks.
Find 39 different ways to say PREMIUM, along with antonyms, related words, and example sentences at Thesaurus.com.
Apr 20, 2023 · Premium is the total cost of an option or the difference between the higher price paid for a fixed-income security and the security's face amount...
2 days ago · The Audi R8 is a high-performance sports car with a significant insurance premium due to its high repair costs and performance capabilities. Owners can expect to pay around $3,000 annually for ...
1 day ago · Key Points. Cash value life insurance has a savings element and a death benefit. Cash values can grow tax-deferred and provide policyholders with liquidity options. Cash value policies have higher ...
Definition of premium adjective in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Medicare Part B (Medical Insurance) helps cover 2 types of services: Medically necessary services: Services or supplies that meet accepted standards of medical practice to diagnose or treat your medical condition. Preventive services: Health care to prevent illness (like the flu) or detect it at an early stage when treatment is likely to work best.
in English. premium. Thesaurus > of high quality > premium. These are words and phrases related to premium. Click on any word or phrase to go to its thesaurus page. Or, go to the definition of premium.
2 days ago · As a result, some are offering to "adopt" unused or unusable frozen embryos rather than see them disposed of or, as they put it, "murdered." Recent attempts in Alabama and elsewhere to outlaw IVF are about enshrining this explicitly Christian definition of life into secular law, as well as the attendant definition of who is entitled to be a family.
