Look up premium in wiktionary, the free dictionary. An amount of money paid to get insurance: You may also hear people refer to their insurance premium as.
Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium. Meanings, etymology, pronunciation and more in the oxford english dictionary A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
See examples of premium used in a. An amount paid or required, often as an installment. An amount that is more than usual: Place/put a premium on sth to consider a quality or achievement as very important:
The meaning of premium is a reward or recompense for a particular act.