You may also hear people refer to their insurance premium as. An amount paid or required, often as an installment. A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium. See examples of premium used in a. The meaning of premium is a reward or recompense for a particular act.
An amount that is more than usual: Customers are willing to pay premium [= high] prices for products that are reliable. An amount of money paid to get insurance: Meanings, etymology, pronunciation and more in the oxford english dictionary
How to use premium in a sentence. A youtube premium subscription allows users to watch videos on youtube without advertisements across the website and its mobile apps, including the dedicated youtube.