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An amount that is more than usual Many people are willing to pay a premium to live near the ocean. An amount of money paid to get insurance

The meaning of premium is a reward or recompense for a particular act A sum of money or bonus paid in addition to a regular price, salary, or other amount How to use premium in a sentence.

Definition of premium noun in oxford advanced learner's dictionary

Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium An amount paid or required, often as an installment payment, for an insurance policy An amount paid to obtain a loan

Factsheet what does the word premium mean There are nine meanings listed in oed's entry for the word premium See ‘meaning & use’ for definitions, usage, and quotation evidence. Premium (not comparable) superior in quality

Higher in price or value

Look up premium in wiktionary, the free dictionary. [countable] a prize or bonus given, for example, when purchasing a product, as a way of increasing sales The premium was a little gadget to hold your toothbrush A bonus, gift, or sum added as an extra to the price of something, to one's wages, etc.

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