premium
/ˈpɹimiəm/
noun
🇬🇧 UK
/ˈpɹimiəm/
🇺🇸 US
/ˈpɹimiəm/
Meaning
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Meaning 1 · noun
A prize or award.
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Meaning 2 · noun
Something offered at a reduced price as an inducement to buy something else.
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Meaning 3 · noun
A bonus paid in addition to normal payments.
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Meaning 4 · noun
The amount to be paid for an insurance policy.
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Meaning 5 · noun
An unusually high value.
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Meaning 6 · noun
The amount by which a security's value exceeds its face value.
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Meaning 7 · adjective
Superior in quality; higher in price or value.
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Meaning 8 · adjective
High-end; belonging to the market segment between mid-market and luxury.
How this word is used
- Everyday “In everyday speech, people use “premium” when they mean: a prize or award..”
- Academic “Scholars may discuss “premium” carefully in formal writing.”
- Business “Teams often rely on clear use of “premium” in professional communication.”
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Origin
Origin information unavailable.