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Learn to pronounce pre·mi·um

/ˈprēmēəm/
noun
  1. an amount to be paid for an insurance policy.
    synonyms: insurance charge, insurance payment, regular payment, installment
  2. a sum added to an ordinary price or charge.
    "customers are reluctant to pay a premium for organic fruit"
    synonyms: surcharge, additional payment, extra amount/charge, additional fee
  3. something given as a reward, prize, or incentive.
    "the Society of Arts awarded him a premium"
    synonyms: bonus, extra, percentage, perk, recompense, remuneration, prize, reward, incentive, inducement, perquisite, bounty

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Apr 21, 2024 · The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
Premium definition: a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
Spotify Premium is a digital music service that gives you access to ad-free music listening of millions of songs. Try free for 3 months.
With YouTube Premium you get uninterrupted access to stream all you want on the YouTube Music app. Listen to the world's largest music catalog with over 100 ...
A tax credit you can use to lower your monthly insurance payment (called your “premium”) when you enroll in a plan through the Health Insurance Marketplace®.
Premium Retail Services is 3PL that is approved, preferred and winning sales on behalf of brands in more retail channels than anyone else.
/ˈprimiəm/ · adjective. having or reflecting superior quality or value · noun. the amount that something in scarce supply is valued above its nominal value.
The premium is a function of a number of variables like age, type of employment, medical conditions, etc. The actuaries are entrusted with the responsibility of ...
to consider something to be very important or valuable: The busy shopper puts a premium on finding everything in one big store.
Premium is the total cost of an option or the difference between the higher price paid for a fixed-income security and the security's face amount at issue.