Scrabble Dictionary

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Premium

ˈpriːmiəm

Premium definitions
noun
premiums premium
  1. an amount to be paid for a contract of insurance
    insurance charge insurance payment regular payment instalment
  2. a sum added to an ordinary price or charge

    "customers are reluctant to pay a premium for organic fruit"

    surcharge additional payment extra amount/charge additional fee
    • 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"

  3. something given as a reward, prize, or incentive

    "the Society of Arts awarded him a premium"