pre·mi·um (pr m - m)n.1. A prize or award. 2. Something offered free or at a reduced price as an inducement to buy something else. 3. A sum of money or bonus paid in addition to a regular price, salary, or other amount. 4. The amount paid, often in addition to the interest, to obtain a loan. 5. The amount paid or payable, often in installments, for an insurance policy. 6. The amount at which something is valued above its par or nominal value, as money or securities. 7. The amount at which a securities option is bought or sold. 8. Payment for training in a trade or profession. 9. An unusual or high value: Employers put a premium on honesty and hard work. adj. Of superior quality or value: premium gasoline. Idiom: at a premium More valuable than usual, as from scarcity: Fresh water was at a premium after the reservoir was contaminated.
[Latin praemium, inducement, reward : prae-, pre- + emere, to take, buy; see em- in Indo-European roots.] |
premium Noun 1. an extra sum of money added to a standard rate, price, or wage: the superior taste persuades me to pay the premium for bottled water 2. the (regular) amount paid for an insurance policy 3. the amount above the usual value at which something sells: some even pay a premium of up to 15 per cent for the privilege 4. great value or regard: we do put a very high premium on common sense 5. at a premium a. in great demand, usually because of scarcity b. at a higher price than usual [Latin praemium prize]
ThesaurusLegend: Synonyms Related Words Antonyms | Noun | 1. | premium - payment for insurancepayment - a sum of money paid or a claim discharged | | 2. | premium - the amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water"economic value, value - the amount (of money or goods or services) that is considered to be a fair equivalent for something else; "he tried to estimate the value of the produce at normal prices" | | 3. | premium - a fee charged for exchanging currenciescharge - the price charged for some article or service; "the admission charge" | | 4. | 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"prize, award - something given for victory or superiority in a contest or competition or for winning a lottery; "the prize was a free trip to Europe" bonus, incentive - an additional payment (or other remuneration) to employees as a means of increasing output | | 5. | premium - payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the militaryreward - payment made in return for a service rendered | | Adj. | 1. | premium - having or reflecting superior quality or value; "premium gasoline at a premium price"superior - of high or superior quality or performance; "superior wisdom derived from experience"; "superior math students" |
premium noun 2. surcharge, extra charge, additional fee or charge noun 3. bonus, reward, prize, percentage ( informal) perk Brit. ( informal) boon, bounty, remuneration, recompense, perquisite >> at a premium in great demand, valuable, expensive, rare, costly, scarce, in short supply, hard to come by, like gold dust, beyond your means, not to be had for love or money
Translations premium [ˈpriːmɪəm] n → prima; to be at a premium → estar muy solicitado;
premium [ˈpriːmɪəm] n → prime f;
premium [ˈpriːmɪəm] n ( Comm, Insurance) → Prämie f;
premium [ˈpriːmɪəm] n → premio; to be at a premium ( fig) [ housing etc] → essere ricercatissimo;
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