Definition Synonyms
Definition of premium - Reverso English Dictionary
Adjective
1.
high qualityof superior quality or value
- They offer premium service to all their customers..
2.
costlyrequiring payment of a higher price
- Premium tickets to the concert were sold out quickly..
Noun
1.
additional costextra amount paid for something
- He paid a premium for the concert tickets.
2.
financeTECH. regular payment for an insurance policyTECH.
- She pays her car insurance premium monthly.
Expressions with premium
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consider something very important or valuable
Many schools place a premium on good attendance.
in high demand or scarce
Water is at a premium in the desert.
value something as very important or essential
They put a high premium on honesty in their company.
value or appreciate greatly
They put a premium on honesty in their company.
membership with special privileges and perks
Joining the premium account gives access to VIP events.
very high standard or grade
The store is known for its premium quality products.
extra payment added to a regular insurance cost
You must pay an additional premium for flood coverage.
highest quality level in a set classifying similar products or services
This coffee is labeled as the premium grade in their range.
amount of money higher than the usual price
They paid a premium price for the concert tickets.
one-time payment made upfront to buy an insurance or investment contract
He bought the policy with a single premium instead of monthly payments.
spend more money for better quality
She decided to pay a premium for organic vegetables.
airline travel class between economy and business
I booked a premium economy seat for extra comfort.
costing more than the usual or standard price
He called a premium rate number by mistake.
fee charged for exchanging currencies
The bank charged an exchange premium for converting dollars to euros.
sell something for more than its usual price
The concert tickets sold at a premium.
extra cost for faster service or delivery
We paid a time premium for next-day delivery.
yearly payment amount needed to keep insurance coverage active
Their annual premium increased after they added collision coverage to the policy.
extra fee paid by buyer at auctions
The buyer's premium was 10% of the final bid.
amount paid for an insurance policy
She pays her insurance premium monthly.
extra pay given to workers for doing less desirable work hours
Employees who work overnight receive a shift premium on their hourly rate.
extra amount paid over the face value of a bond
The bond premium was significant due to the company's improved credit rating..
economic advantage of having a college degree
Many studies highlight the college wage premium in the job market.
extra return from stocks over risk-free investments
Investors seek a high equity premium for taking on more risk.
extra return for taking investment risk
Investors seek a risk premium for volatile stocks.
Origin of premium
Latin, praemium (reward)
Terms with premium included in their meaning
💡 A powerful way to uncover related words, idioms, and expressions linked by the same idea — and explore meaning beyond exact word matches.
quality
premium or superior in quality
automobile
high-end car with premium features
premium quality
better in quality and more expensive than ordinary
collectibles
premium trading card with glossy finish
travel
premium air travel class between first and economy
transportation
premium seating on flights or trains
acquisitions
premium paid over book value during acquisitions
quality
suitable for general use but not premium quality
premium launch
pricing strategy setting high initial prices
share speculator
applicant for shares to sell at a premium
insurance
single premium rate for all policyholders
travel
exclusive airport waiting area for premium passengers
finance
stocks redeemable at a fixed price with a premium paid
logistics
premium delivery service for fragile or valuable items
finance
terms for currency exchange premium or rate
cyber threat
malicious software redirecting internet connections to premium numbers
corporate finance
buying shares to threaten takeover and force buyback at premium
business
premium quality good sold at a higher price than most alternatives
fuel
being premium gasoline with higher octane
business
related to premium or exclusive items
market level
aimed at the mid-tier, neither budget nor premium
premium service
television service requiring a subscription or payment
acr: premium video on demand
service to watch new movies at home
corporate finance
public bid to buy shares at a premium price
Examples of premium in a sentence
They stayed at a premium hotel during their vacation. The premium service offers additional features. She bought a premium membership for exclusive content. The insurance premium increased this year. She paid a premium for organic produce. The health insurance premium is deducted annually.
Farmers often struggle with rising crop insurance premiums.
View all translations of premium
Click below to see the appropriate translations facing each meaning.
- French:premium, surcoût, ...
- German:hochwertig, Aufpreis, ...
- Italian:premium, sovrapprezzo, ...
- Spanish:superior, sobrecargo, ...
- Portuguese:premium, prémio, ...
- Chinese:优质的, 溢价, ...
- Japanese:高品質の, 追加料金, ...
- Arabic:فاخِر, عَلَاوَة, ...
- Hebrew:פְּרִימְיוּם, פְּרֶמְיָה, ...
- Russian:высококачественный, премия, ...
- Ukrainian:преміум, премія, ...
- Hindi:प्रीमियम, अतिरिक्त राशि, ...
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