Overview of noun premium

The noun premium has 5 senses

• premium, insurance premium -- (payment for insurance)


• premium -- (the amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water")


• agio, agiotage, premium, exchange premium -- (a fee charged for exchanging currencies)


• premium -- (a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; "they encouraged customers with a premium for loyal patronage")


• bounty, premium -- (payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military)

Overview of adj premium

The adj premium has 1 sense

• premium -- (having or reflecting superior quality or value; "premium gasoline at a premium price")