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

  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

  3. Premium(noun)

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

  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

  5. Origin: [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. 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.

  2. Claudia Calich:

    Supply and demand have not been in balance for about a year as far as Russian bonds are concerned so I don't think they will have to pay much new issue premium. A bit to entice investors would be nice but 40-50 bps, probably we won't get that.

  3. Michael Fallon:

    I appeal to all moderate MPs (lawmakers), to put our national security first and to support building four new Trident submarines, spread across the 30-year life of the new boats, this represents an annual insurance premium of around 0.13 percent of total government spending.

  4. Mike McCarthy:

    We knew that points were at a premium. Frankly, I would have liked to have gone for it there on fourth down, but based on what we saw, on second and third down, I just felt that you had to take points, i didn't think a lot of points would win this game, (that) was my thinking coming in. I felt great about our defense all week, just the way they've been building here in the last eight, nine weeks. So, that's why we had to take the field goals.

  5. Daniel Ang:

    When the strike's over the premium will drop down to about $4.

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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"premium." Definitions.net. STANDS4 LLC, 2020. Web. 30 Mar. 2020. <https://www.definitions.net/definition/premium>.

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