premium

EnglishEdit

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Alternative formsEdit

AdjectiveEdit

premium (not comparable)

  1. Superior in quality; higher in price or value.

NounEdit

premium (plural premiums or premia)

  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. (finance) The amount by which a security's value exceeds its face value.
TranslationsEdit

Usage notesEdit

  • Premia is much less common than premiums, accounting for less than 1% of total usage in US (COCA) and 4% in UK (BNC).

AntonymsEdit

Derived termsEdit

Last modified on 17 April 2014, at 05:05