Definition of premium Premium
/pɹiˈmiʌm/ - [preemeeum] - pre•mi•um
We found 21 definitions of premium from 7 different sources.
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What does premium mean?
WordNet
NounPlural: premiums |
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| premium - a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; "they encouraged customers with a premium for loyal patronage" | ||
| bonus, incentive anything that tends to arouse; "his approval was an added fillip" | ||
| premium - payment for insurance | ||
| insurance premium | ||
| premium - the amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water" | ||
| premium - payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military | ||
| bounty | ||
| reward an act performed to strengthen approved behavior | ||
| premium - a fee charged for exchanging currencies | ||
| agio, agiotage, exchange premium | ||
Adjectivepremium, premiumer, premiumest |
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| premium - having or reflecting superior quality or value; "premium gasoline at a premium price" | ||
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Wiktionary 
- premium (Noun)
A prize or award. - premium (Noun)
Something offered at a reduced price as an inducement to buy something else. - premium (Noun)
A bonus paid in addition to normal payments. - premium (Noun)
The amount to be paid for an insurance policy. - premium (Noun)
An unusually high value. - premium (Noun)
The amount by which a security's value exceeds its face value . - premium (Adjective)
Superior in quality; higher in price or value.
Webster DictionaryWebster's Unabridged Dictionary 📘
- premium (n.)
A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc. - premium (n.)
Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital. - premium (n.)
A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind. - premium (n.)
A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
OmegaWiki DictionaryOmegaWiki Dictionary Ω
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premium
Amount to be paid for a contract of insurance or life assurance.
Chambers DictionaryChamber's 20th Century Dictionary 📕
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premium
prē′mi-um, n. a reward: a prize: a bounty: payment made for insurance: the difference in value above the original price or par of stock—opp. to Discount: anything offered as an incentive.—adjs. Prē′mial, Prē′miant.—v.t. Prē′miate, to reward with a premium.—At a premium, above par (see Par). [L. præmium—præ, above, emĕre, to buy.]
Sailor's Word-BookThe Sailor's Word-Book ⛵
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premium
Simply a reward; but in commerce it implies the sum of money paid to the underwriters on ship or cargo, or parts thereof, as the price of the insurance risk.
Part of speech
🔤- premium, noun, singular of premiums.
- premium, adjective.
Pronunciation
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