premium adj : having or reflecting superior quality or value; "premium gasoline at a premium price"

1 payment for insurance [syn: insurance premium]

2 a fee charged for exchanging currencies [syn: agio, agiotage, exchange premium]

3 payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military [syn: bounty]

English

Adjective

1. Superior in quality; higher in price or value.

Noun

1. A prize or award.
2. Something offered at a reduced price as an inducement to buy something else.
3. A bonus paid in addition to normal payments.
4. The amount to be paid for an insurance policy.
5. An unusually high value.

Related terms

• at a premium
• premium bond
• premium outlet

A premium can be:

• a marketing term for a bundled good or service
• Risk premium, the monetary difference between the guaranteed return and the possible return on an investment
• Insurance premium
  • Deposit premium
• Premium television, a class of subscription-based television service
• Premium-rate telephone number
• Premium Bond, a type of bond available in the United Kingdom
• Premium station, a class of railway stations on Metlink
• Premium Outlets, a brand of shopping malls
• a Nabisco brand of saltine crackers
• Premium-cola, a brand of cola from Germany
• a grade of gasoline; see Octane rating

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