premium

English dictionary entry

Meanings

adj
  1. Superior in quality; higher in price or value.
  2. High-end; belonging to the market segment between mid-market and luxury.
noun
  1. A prize or award.
  2. Something offered at a reduced price as an inducement to buy something else.
  3. A bonus paid in addition to normal payments.
  4. The amount to be paid for an insurance policy.
  5. An unusually high value.
  6. The amount by which a security's value exceeds its face value.

Pronunciation

/ˈpɹiː.miː.əm/ En-us-premium.oga

Word forms

premium praemium præmium premiums premia

Etymology

From Latin praemium (“prize”).

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.