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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



... similar nature terminated his career as a journalist; I dared no longer espouse his cause and he was dismissed in disgrace. For some weeks he vanished from my horizon, and I began to hope that he had again set his face toward the Old World, where talents of the order he possessed are at higher premium in the social market. But in this hope I ...
— Ilka on the Hill-Top and Other Stories • Hjalmar Hjorth Boyesen
... missed the exhibition from the grammar-school; and as he can't go to Oxford, fancies (deluded youth!) that he will get more reading in this line than any other. He is ready to give a premium with him, and spoke what Mr. Froggatt would call very handsomely about our house being one where he could trust him. I believe Mr. Froggatt will be gratified, and ...
— The Pillars of the House, V1 • Charlotte M. Yonge
... for marrying our Princess, and of giving them fifty thousand pounds as an outfit. But the most monstrous and most infamous proposition of the whole, I considered that of settling fifty thousand a-year upon him for life, in case of the decease of his wife. It was, I said, a premium upon ...
— Memoirs of Henry Hunt, Esq. Volume 3 • Henry Hunt
... or rich anything else, insures what he is dealing in, he adds the cost of his policy to the thing he sells. The income tax is but another premium, and he tags that on where he pinned the other. The laborer has always paid the expenses of the rich, and always will. The laborer can never dictate terms to the rich. The labor leaders even have come to recognize the hopelessness of the unequal contest. The power of the rich to do as they like ...
— Confiscation, An Outline • William Greenwood
... conceivable, and without any great effort of the mind, that millions who don't believe in the Christian religion should openly say that they did. In a country where religion is supposed to be in power—where it has rewards for pretense, where it pays a premium upon hypocrisy, where it at least is willing to purchase silence—it is easily conceivable that millions pretend to believe what they do not. And yet I believe it has been charged against myself, not only that I was insincere, but that I took the side I am on for the sake of popularity; and ...
— Lectures of Col. R. G. Ingersoll - Latest • Robert Green Ingersoll


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