premium

Meanings

Plural: premia, premiums

Noun

• payment for insurance
• the amount that something in scarce supply is valued above its nominal value
  • "they paid a premium for access to water"
• a fee charged for exchanging currencies
• a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
  • "they encouraged customers with a premium for loyal patronage"
• payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
• A prize or award.
• Something offered at a reduced price as an inducement to buy something else.
• A bonus paid in addition to normal payments.
• The amount to be paid for an insurance policy.
• An unusually high value.
• The amount by which a security's value exceeds its face value.

Adjective Satellite

• having or reflecting superior quality or value
  • "premium gasoline at a premium price"

Adj

• Superior in quality; higher in price or value.
• High-end; belonging to the market segment between mid-market and luxury.

Synonyms

agio, agiotage, bounty, exchange premium, insurance premium

Antonyms

discount

Anagrams of premium