What does premium mean?

Definitions for premium
ˈpri mi əmpre·mi·um

Here are all the possible meanings and translations of the word premium.

Princeton's WordNet

  1. premium, insurance premium(noun)

    payment for insurance

  2. premium(noun)

    the amount that something in scarce supply is valued above its nominal value

    "they paid a premium for access to water"

  3. agio, agiotage, premium, exchange premium(noun)

    a fee charged for exchanging currencies

  4. premium(noun)

    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"

  5. bounty, premium(adj)

    payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

  6. premium(adj)

    having or reflecting superior quality or value

    "premium gasoline at a premium price"

Wiktionary

  1. premium(Noun)

    A prize or award.

  2. premium(Noun)

    Something offered at a reduced price as an inducement to buy something else.

  3. premium(Noun)

    A bonus paid in addition to normal payments.

  4. premium(Noun)

    The amount to be paid for an insurance policy.

  5. premium(Noun)

    An unusually high value.

  6. premium(Noun)

    The amount by which a security's value exceeds its face value.

  7. premium(Adjective)

    Superior in quality; higher in price or value.

Webster Dictionary

  1. Premium(noun)

    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

    Etymology: [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See Redeem.]

  2. Premium(noun)

    something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital

    Etymology: [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See Redeem.]

  3. Premium(noun)

    a sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind

    Etymology: [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See Redeem.]

  4. Premium(noun)

    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

    Etymology: [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See Redeem.]

Freebase

  1. Premium

    Premium is a 2006 romantic comedy-drama film written and directed by Pete Chatmon.

Chambers 20th Century Dictionary

  1. 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. præmiumpræ, above, emĕre, to buy.]

Dictionary of Nautical Terms

  1. 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.

Suggested Resources

  1. premium

    Song lyrics by premium -- Explore a large variety of song lyrics performed by premium on the Lyrics.com website.

British National Corpus

  1. Written Corpus Frequency

    Rank popularity for the word 'premium' in Written Corpus Frequency: #3323

  2. Nouns Frequency

    Rank popularity for the word 'premium' in Nouns Frequency: #1900

How to pronounce premium?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say premium in sign language?

  1. premium

Numerology

  1. Chaldean Numerology

    The numerical value of premium in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of premium in Pythagorean Numerology is: 5

Examples of premium in a Sentence

  1. Sam Fiorani:

    Buyers of commercial vans want reliability and not necessarily a flashy brand name, the reduced maintenance and fuel use of electric vehicles become very attractive to a business customer, where the current limitations of EVs make the price premium less attractive to individual consumers.

  2. Carol Lachnit:

    They're sort of measuring how likely you are to resist a price increase to your premium.

  3. Mahesh Vyas:

    The investment cycle has not picked up since the government came in, making a premium in the budget is one thing. You have to go and spend it.

  4. Karsten Engel:

    In the coming years...we expect the premium market (in China) to grow around 10 percent, and for us, a little bit more. The breakneck growth of 30 to 40 percent will not come back again.

  5. Johan Holtzhausen:

    From an acquirer's perspective, it would be absolutely silly to pay a premium and then change the brands or ethos of the business you are acquiring, we indicated this to Mr Thompson and the Advtech board from day one.

Images & Illustrations of premium

  1. premiumpremiumpremiumpremiumpremium

Popularity rank by frequency of use

premium#1#2083#10000

Translations for premium

From our Multilingual Translation Dictionary

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