premium
Other forms: premiums
Something that's premium is much better than average — it's excellent, in fact. A premium seat at a rock concert is right up front, with a great view of the stage.
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. As an adjective, premium implies something of superior quality that probably costs more too. Premium comes straight out of Latin, meaning “reward.” It was first used as an adjective around 1925, in the phrase "premium butter."
-
having or reflecting superior quality or value“premium gasoline at a premium price”
-
synonyms:
-
superior
of high or superior quality or performance
-
superior
-
the amount that something in scarce supply is valued above its nominal value“they paid a premium for access to water”
-
type of:
-
economic value, value
the amount (of money or goods or services) that is considered to be a fair equivalent for something else
-
economic value, value
-
payment for insurance
-
synonyms:
insurance premium
-
type of:
-
payment
a sum of money paid or a claim discharged
-
payment
-
a fee charged for exchanging currencies
-
synonyms:
agio, agiotage, exchange premium
-
type of:
-
charge
the price charged for some article or service
-
charge
-
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
-
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
/ˈprimiəm/
/ˈprimiəm/
- MLA
- APA
- Chicago
Vocabulary lists containing premium
In this Pulitzer Prize-winning play, Willy Lohman is weary of his life as a traveling salesman and tormented by his failure to achieve his dreams.
Do the words savings and income interest you? Then you'll profit from learning these personal finance terms. Review credit, stocks and bonds, loans, bankruptcy, and much more. This list is bound to be a good investment.
Do the words savings and income interest you? Then you'll profit from learning these personal finance terms. Review credit, stocks and bonds, loans, bankruptcy, and much more. This list is bound to be a good investment.