Definition:
- (n.) A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.
- (n.) Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.
- (n.) A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
- (n.) A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
Compare premium with other words:
exclusive vs. premium
premium vs. prime
platinum vs. premium
commission vs. premium
foregift vs. premium
installment vs. premium
autumn vs. premium
premium vs. superior
premium vs. surcharge
demonstration vs. premium
highborn vs. premium
premium vs. supreme
excess vs. premium
discount vs. premium
coca vs. premium
premium vs. value
high vs. premium
premium vs. unusually
policy vs. premium
insurance vs. premium
amount vs. premium
payment vs. premium
addition vs. premium
paid vs. premium
buy vs. premium
inducement vs. premium
premium vs. price
premium vs. reduced
offered vs. premium
award vs. premium
premium vs. prize
premium vs. quality
actuary vs. premium
premium vs. shave
basic vs. premium
agio vs. premium
bonus vs. premium
premium vs. use
call vs. premium
bad vs. premium
annuity vs. premium
premium vs. regular