pre·mi·um
/ˈprēmēəm/
noun
- an amount to be paid for an insurance policy.synonyms: insurance charge, insurance payment, regular payment, installment
- a sum added to an ordinary price or charge."customers are reluctant to pay a premium for organic fruit"synonyms: surcharge, additional payment, extra amount/charge, additional fee
- something given as a reward, prize, or incentive."the Society of Arts awarded him a premium"synonyms: bonus, extra, percentage, perk, recompense, remuneration, prize, reward, incentive, inducement, perquisite, bounty
People also ask
Does premium mean good quality?
What is a premium on insurance?
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Does premium mean luxury?
4 days ago · 1. a : a reward or recompense for a particular act b : a sum over and above a regular price paid chiefly as an inducement or incentive.
Spotify Premium is a digital music service that gives you access to ad-free music listening of millions of songs. Try free for 3 months.
Get YouTube Premium · Ad-free so you can immerse in your favorite videos without interruption · Download videos to watch later when you're offline or on the go.
adjective · of exceptional quality or greater value than others of its kind; superior: a wine made of premium grapes. · of higher price or cost. · of or ...
A tax credit you can use to lower your monthly insurance payment (called your “premium”) when you enroll in a plan through the Health Insurance Marketplace®.
Premium Retail Services is 3PL that is approved, preferred and winning sales on behalf of brands in more retail channels than anyone else.
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 ...
premium noun (PAYMENT) ... an amount of money paid to get insurance: Car insurance premiums have increased this year. The premiums for healthcare plans are high.
A premium is a price paid for above and beyond some basic or intrinsic value. Relatedly, it is the price paid for protection from a loss, hazard, or harm.