An amount of money paid to get insurance: Higher in price or value. Something offered at a reduced price as an inducement to buy something else.
A premium is a sum of money that you pay regularly to an insurance company for an insurance policy. Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium. It is too early to say whether insurance premiums will be affected.
A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. A youtube premium subscription allows users to watch videos on youtube without advertisements across the website and its mobile apps, including the dedicated youtube. See examples of premium used in a. The meaning of premium is a reward or recompense for a particular act.
An amount paid or required, often as an installment. You may also hear people refer to their insurance premium as. How to use premium in a sentence. An amount that is more than usual: