1. premium - Noun
2. premium - Adjective
3. premium - Adjective Satellite
A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.
Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.
A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
Source: Webster's dictionarythey encouraged customers with a premium for loyal patronage Source: Internet
they paid a premium for access to water Source: Internet
premium gasoline at a premium price Source: Internet
Abidjan and Accra only began to work together seriously in 2019, when they obtained a living wage premium from cocoa and chocolate multinationals such as Nestle of $400 (341 euros) per tonne of cacao beans. Source: Internet
A brand new type of Surface, the Surface Pro X is more premium than the Surface Pro 7 in that it is a little thinner and features always-on connectivity (you'll need a data-enabled nano SIM). Source: Internet
3. Equity market risk premium: The return on investment that investors require above the risk free rate. Source: Internet