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  1. Dictionary
    premium
    /ˈpriːmɪəm/

    noun

    • 1. an amount to be paid for a contract of insurance. Similar insurance chargeinsurance paymentregular paymentinstalment
    • 2. a sum added to an ordinary price or charge: "customers are reluctant to pay a premium for organic fruit" Similar surchargeadditional paymentextra amount/chargeadditional fee

    More definitions, origin and scrabble points

  2. PREMIUM definition: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.

  3. The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.

  4. 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]

  5. at a high price or a higher price than might be expected: We made 2.20 a share this year, and are trading at a premium on the S&P 500. at a premium to sth Investors had bid up the bank's shares in recent weeks, because they thought a bigger bank might buy the company at a premium to the current stock price.

  6. When premium is a noun, it means the money you pay each month for your car insurance or a charge that's added on top of a standard payment. It also means a prize or reward.

  7. 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.

  8. 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.

  9. PREMIUM definition: 1. an amount of money you pay for insurance (= payments for an accident or illness): 2. an amount…. Learn more.

  10. What does the word premium mean? There are nine meanings listed in OED's entry for the word premium. See ‘Meaning & use’ for definitions, usage, and quotation evidence. premium has developed meanings and uses in subjects including. insurance (mid 1600s) finance (mid 1600s) economics and commerce (mid 1700s) stock market (1860s) See meaning & use.

  11. Definition of premium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.