Scrabble Dictionary
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Premium
ˈpriːmiəm
Premium definitions
noun
premiums
premium
- an amount to be paid for a contract of insurance
- a sum added to an ordinary price or charge
"customers are reluctant to pay a premium for organic fruit"
- a sum added to interest or wages; a bonus
- relating to or denoting a commodity of superior quality and therefore a higher price
"premium lagers"
- the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents
"the shares jumped to a 70 per cent premium on the first day"
- something given as a reward, prize, or incentive
"the Society of Arts awarded him a premium"