premium


Definition: Meaning of, premium in English to English dictionary.

Pronunciation: / ˈpriːmɪəm /

  • noun
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Word Forms:
Singular Plural
premium premiums
  1. [countable] the cost of insurance, especially the amount that you pay each year
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  2. [countable] an additional amount of money, above a standard rate or amount
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  3. be at a premium if something is at a premium, people need it or want it, but there is little of it available or it is difficult to get
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  4. put/place a premium on something to consider one quality or type of thing as being much more important than others
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  5. [uncountable] especially American English good quality petrol
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  • adjective
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Word Forms:
Positive Comparative Superlative
N/A N/A N/A
  1. of very high quality
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  2. premium price/rate premium prices and rates are higher than usual ones
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premium used in phrases

  • Premium Bond (noun)
    1. a government bond that bears no interest or capital gains but enters the holder into lotteries
  • exchange premium (noun)
    1. a fee charged for exchanging currencies
  • insurance premium (noun)
    1. the money that you pay regularly to an insurance company
  • premium bond (noun)
    1. a document that you buy from the government in Britain, which gives you the chance to win a large amount of money each month
  • premium rate (adjective)
    1. premium rate number/line/service a telephone connection to a particular service or company that costs a lot more than the usual rate when you call it because the company you are calling takes some of the money that you pay
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