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Premium   /prˈimiəm/   Listen
Premium

noun
(pl. premiums)
1.
Payment for insurance.  Synonym: insurance premium.
2.
The amount that something in scarce supply is valued above its nominal value.
3.
A fee charged for exchanging currencies.  Synonyms: agio, agiotage, exchange premium.
4.
A prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc..
5.
Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military.  Synonym: bounty.
adjective
1.
Having or reflecting superior quality or value.



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Premium Bond
exchange premium
insurance premium


WordNet 3.0 © 2010 Princeton University


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"Premium" Quotes from Famous Books



... school, he was told in class one day to describe a perfect courser, and he sacrificed his hope of obtaining a premium by describing a horse which on perceiving the whip threw down his master. He adopted on his arms the device, "Cur non?"—"Why not?" Before landing in America in 1777 he wrote to his wife: "I but offer my services to that interesting ...
— The Spirit of Lafayette • James Mott Hallowell
... anything out of it," Gordon replied with an almost bitter vigor; "leastways not any premium. I said you could pay me when you liked. I'll deed you the farm, and we'll draw up a ...
— Mountain Blood - A Novel • Joseph Hergesheimer
... is hung round with pictures and engravings of various kinds,—a painting of a premium ox, a lithograph of a Turk and of a Turkish lady, . . . . and various showily engraved tailors' advertisements, and other shop-bills; among them all, a small painting of a drunken toper, sleeping on a bench beside the grog-shop,—a ragged, half-hatless, bloated, red-nosed, jolly, miserable-looking ...
— Passages From The American Notebooks, Volume 2. • Nathaniel Hawthorne
... technical and the financial side—and a project that's better and cheaper than the opposition ones. Eight months' work for a good man, but I must have it done in four. Take along assistants and equipment—all you need—and a thousand pounds premium to the man who puts it through so that we get ...
— The Great Hunger • Johan Bojer
... thing is," pursued Fritz, "that I fancy he's not altogether sorry to find himself here. He seems to think that when Black Michael has brought off his coup, witnesses of how it was effected—saving, of course, the Six themselves—will not be at a premium." ...
— The Prisoner of Zenda • Anthony Hope


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