An amount paid or required, often as an installment. A premium is a specified amount of money paid periodically for something of value, such as a contract, service, or product. An amount that is more than usual:
See examples of premium used in a. An amount of money paid to get insurance: Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium.
The meaning of premium is a reward or recompense for a particular act. It's commonly used in context of insurance where it refers to the. You may also hear people refer to their insurance premium as. A youtube premium subscription allows users to watch videos on youtube without advertisements across the website and its mobile apps, including the dedicated youtube.
A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. Meanings, etymology, pronunciation and more in the oxford english dictionary