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The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
PREMIUM meaning: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.
Definition of premium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Define premium. premium synonyms, premium pronunciation, premium translation, English dictionary definition of premium. n. 1. An amount paid or required, often as an installment payment, for an insurance policy. 2. a. An amount paid to obtain a loan. b. An interest payment,...
A sum of money or bonus paid in addition to a regular price, salary, or other amount. Many people are willing to pay a premium to live near the ocean.
Factsheet What does the word premium mean? There are nine meanings listed in OED's entry for the word premium. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
premium, n. & adj. meanings, etymology and more | Oxford English Dictionary
a prize or bonus given, for example, when purchasing a product, as a way of increasing sales: The premium was a little gadget to hold your toothbrush. a bonus, gift, or sum added as an extra to the price of something, to one's wages, etc.