noun Download 🔗Share A prize or award. Examples : "The school awarded the top student a premium for their outstanding essay. " achievement value Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share Something offered at a reduced price as an inducement to buy something else. Examples : "The store offered a free premium subscription to their online magazine with the purchase of a new computer. " business commerce economy Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A bonus paid in addition to normal payments. Examples : "The employee received a premium for working overtime. " business finance economy Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The amount to be paid for an insurance policy. Examples : "The premium for my car insurance is $150 per month. " insurance finance business Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share An unusually high value. Examples : "The premium on the antique clock was very high because of its age and condition. " value business economy finance quality Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The amount by which a security's value exceeds its face value. Examples : "The premium on the investment bonds was high, reflecting their strong market value. " business finance value Chat with AIVocabulary GamePractice Reading
adjective Download 🔗Share Superior in quality; higher in price or value. Examples : "The premium brand of coffee is more expensive but tastes much better than the regular brand. " business value quality economy Chat with AIVocabulary GamePractice Reading
adjective Download 🔗Share High-end; belonging to the market segment between mid-market and luxury. Examples : "The new phone plan is a premium option, costing more than the standard plan but less than the top-tier, most expensive one. " business economy quality Chat with AIVocabulary GamePractice Reading