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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.
: a sum in advance of or in addition to the nominal value of something. bonds callable at a premium of six percent. d. : something given free or at a reduced price with the purchase of a product or service. 2. : the consideration paid for a contract of insurance. 3. : a high value or a value in excess of that normally or usually expected.
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.
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.
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]
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”.
Definition of premium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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
PREMIUM definition: 1. an amount of money you pay for insurance (= payments for an accident or illness): 2. an amount…. Learn more.
Definition of premium adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
