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The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.

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Premium definition: 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 …

PREMIUM definition: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.

Definition of premium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Define premium. premium synonyms, premium pronunciation, premium translation, English dictionary definition of premium. n. 1. An amount paid or required, often as an installment …

Factsheet What does the word premium mean? There are nine meanings listed in OED's entry for the word premium. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

Premium refers to something that is of superior quality or has a higher value compared to similar things. It can also describe an amount of money paid for an insurance policy or a higher price …

A premium is a sum of money that you have to pay for something in addition to the normal cost. Even if customers want 'solutions', most are not willing to pay a premium for them. Callers are …