premium
English
Alternative forms
- præmium (archaic)
Adjective
premium (not comparable)
Noun
premium (plural premiums or premia)
- A prize or award.
- Something offered at a reduced price as an inducement to buy something else.
- A bonus paid in addition to normal payments.
- The amount to be paid for an insurance policy.
- An unusually high value.
- (finance) The amount by which a security's value exceeds its face value.
Translations
a prize or award
something offered at a reduced price as an inducement to buy something else
a bonus paid in addition to normal payments
the amount to be paid for an insurance policy
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Usage notes
- Premia is much less common than premiums, accounting for less than 1% of total usage in US (COCA) and 4% in UK (BNC).
Antonyms
- (finance): discount
Derived terms
Terms derived from the adjective or noun "premium"
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