What is "premium" in English? Definition and Explanations

Updated: 19-06-2026 by Wikilanguages.net
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What does premium mean in English? Meaning of premium definition and abbreviation with examples.

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pronunciation pronunciation

What is "premium" in English? Definition and Explanations

Meaning of "premium": payment for insurance

Noun

  • Meaning: payment for insurance
  • Synonyms: insurance premium premium
  • Hypernyms: payment
  • Meaning of "premium": having or reflecting superior quality or value

    Adjective

  • Meaning: having or reflecting superior quality or value
  • Example: premium gasoline at a premium price
  • Synonyms: premium
  • Similar: superior
  • Meaning of "premium": the amount that something in scarce supply is valued above its nominal value

    Noun

  • Meaning: the amount that something in scarce supply is valued above its nominal value
  • Example: they paid a premium for access to water
  • Synonyms: premium
  • Hypernyms: economic value value
  • Meaning of "premium": a fee charged for exchanging currencies

    Noun

  • Meaning: a fee charged for exchanging currencies
  • Synonyms: agio agiotage exchange premium premium
  • Hypernyms: charge
  • Meaning of "premium": a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.

    Noun

  • Meaning: a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
  • Example: they encouraged customers with a premium for loyal patronage
  • Synonyms: premium
  • Hypernyms: award bonus incentive prize
  • Meaning of "premium": payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

    Noun

  • Meaning: payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
  • Synonyms: bounty premium
  • Hypernyms: reward
  • Adjective: Superior in quality; higher in price or value.
  • Synonyms:

    prime, superior, choice, exceptional, select, selected, dividend, fee, value, stock, gravy, regard, perk, plum, extra, guerdon, appreciation, recompense, boon, bounty, percentage, reward, store, perquisite, remuneration, meed, carrot, spiff,

    Antonyms:

    inferior, poor, low, low-class, disregard, disadvantage, penalty, punishment, paucity, neglect, lowness,

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    premium in English: premium
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