(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.
Example Sentences:
(1) He added: "Jobs and innovation and skills are really at a premium and are so needed, particularly in a place like the UK."
(2) Increasing food inflation means families within this group have to pay a £280 cost of living "premium" as they spend a greater share of their budget on essentials (which have risen faster than other goods) compared with higher-income households.
(3) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
(4) Rupert Murdoch has a battle on his hands to win over leading shareholders in BSkyB, who scent the opportunity for a high-stakes game of brinkmanship and are pushing for a premium price of well over £10bn for full control of the pay-television company.
(5) They are also concerned that house insurance premiums may increase substantially," she said.
(6) Houlihan said there was no sign that the "premium sports rights bubble" was about to burst: "Premium live sport delivers large audiences, typically characterised by an attractive demographic profile.
(7) • You can make a quick search for outstanding NS&I premium bond prizes online using the prize checker .
(8) Patients were randomized to have their skin closed with either continuous subcuticular non-absorbable polypropylene 'prolene' suture (33 patients) or metal skin staples (Autosuture 'Premium' or Davis and Geck 'Oppose'; 33 patients).
(9) The national obsession with smartphones and tablets appears to be firing demand for EE's faster service, despite its premium price.
(10) Debenhams said it also trailed behind its rivals in terms of convenience because it lacked a competitive range of premium delivery options.
(11) The company, which claims to have more than 24 million users, a quarter of whom pay for its premium ad-free service, has a $200m credit line from lenders including Morgan Stanley, Deutsche Bank and Goldman Sachs, any of which could take the lead role in a flotation and earn millions in fees.
(12) The company’s success reflects affluent shoppers’ willingness to pay extra for products perceived to be of high quality, made with premium ingredients.
(13) This is in contrast to regular monthly premium payments which incur no further cost to the consumer if cancelled.
(14) In early February , about 70% of those who signed up for Aetna health plans through Obamacare went on to pay their premiums.
(15) The aim would be to raise insurance premiums and other shipping costs, and so boost oil prices as a way of inflicting pain on the west and replacing revenues lost through the embargo.
(16) Total costs (premium and out-of-pocket) for enrollees are 10 to 40 per cent lower than those for comparable people with health insurance.
(17) Almost 15,000 adopted children, many of them teenagers, will miss out on a £1,900 "pupil premium" for publicly funded schools in England, to provide extra help for them, according to the support group Adoption UK .
(18) A number of companies, including B&Q, Tesco and Morrisons have raised basic pay only to cut perks and premium payments for weekend, holiday or late working.
(19) I think that’s why 70% of the public now supports public ownership … the passengers pay a premium for privatisation.” For Cash, the short changing of passengers to benefit a few shareholders is symptomatic of the current regime – austerity for the many and prosperity for the few.
(20) However, even if you prefer Marmite to marmalade on your toast, citrus peel is a powerful tool in the kitchen, especially at this time of year, when bright, fresh flavours are at a premium.
Price
Definition:
(n. & v.) The sum or amount of money at which a thing is valued, or the value which a seller sets on his goods in market; that for which something is bought or sold, or offered for sale; equivalent in money or other means of exchange; current value or rate paid or demanded in market or in barter; cost.
(n. & v.) Value; estimation; excellence; worth.
(n. & v.) Reward; recompense; as, the price of industry.
(v. t.) To pay the price of.
(v. t.) To set a price on; to value. See Prize.
(v. t.) To ask the price of; as, to price eggs.
Example Sentences:
(1) But when he speaks, the crowds who have come together to make a stand against government corruption and soaring fuel prices cheer wildly.
(2) Senator Bernie Sanders of Vermont, who is also seeking the Democratic presidential nomination, recently proposed a bill that would ease the financial burden of prescription drugs on elderly Americans by allowing Medicare, the national social health insurance program, to negotiate with the pharmaceutical companies to keep prices down.
(3) McDonald said cutting better deals with suppliers and improving efficiency as well as raising some prices had only partly offset the impact of sterling’s fall against the dollar.
(4) A tiny studio flat that has become a symbol of London's soaring property prices is to be investigated by planning, environmental health and fire safety authorities after the Guardian revealed details of its shoebox-like proportions.
(5) Obamacare price hikes show that now is the time to be bold | Celine Gounder Read more No longer able to keep patients off their plans outright, insurers have resorted to other ways to discriminate and avoid paying for necessary treatments.
(6) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
(7) And, as elsewhere in this epidemic, those on the frontline paid the highest price: four of the seven fatalities were health workers, including Adadevoh.
(8) "If you look at the price HP paid, it was an excellent deal for the Autonomy shareholders.
(9) An unexpected result of the Greek crisis has been a flight of capital into British government bonds, which has seen gilt prices fall.
(10) Aldi, Lidl and Morrisons are to raise the price they pay their suppliers for milk, bowing to growing pressure from dairy farmers who say the industry is in crisis.
(11) But the condition of edifices such as B30 and B38 - and all the other "legacy" structures built at Sellafield decades ago - suggest Britain might end up paying a heavy price for this new commitment to nuclear energy.
(12) George Osborne said the 146,000 fall in joblessness marked "another step on the road to full employment" but Labour and the Trades Union Congress (TUC) seized on news that earnings were failing to keep pace with prices.
(13) They could go out and trade for a pitcher such as the New York Mets’ Bartolo Colón , an obvious choice despite his 41 years, but he would come with an $11m price tag for next season and have to pass through the waiver wires process first – considering the wily mood Billy Beane is in this year, the A’s could be the team that blocks such a move.
(14) At 9.30am, ITV was at 69.2p, up 1.7% on last night's closing price.
(15) Photograph: Christopher Thomond for the Guardian I don’t know how much my parents paid for their home but in 1955 the average house price for the whole country was £1,891.
(16) Supermarkets are slashing the price of cauliflower because a relatively warm start to the year has produced a glut of florets.
(17) To settle the case, Apple and the four publishers offered a range of commitments to the commission that will include the termination of current agency agreements, and, for two years, giving ebook retailers the freedom to set their own prices for ebooks.
(18) Large price cuts seem to have taken a toll on retailer profitability, while not necessarily increasing sales substantially,” Barclaycard concluded.
(19) In Europe, for example, the basket of goods tested has fallen 18% in Greece (Corfu) to £57.50, making prices a third cheaper than Italy (Sorrento) at £87.06, the most expensive of six eurozone destinations surveyed.
(20) The UN estimates that at least 10 million people in east Africa will be in need of humanitarian assistance as a result of severe food shortages, failed harvest, rising food prices and conflict in the region.