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[ US /ˈpɹimiəm/ ]
[ UK /pɹˈiːmi‍əm/ ]
NOUN
  1. payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
  2. the amount that something in scarce supply is valued above its nominal value
    they paid a premium for access to water
  3. payment for insurance
  4. 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
  5. a fee charged for exchanging currencies
ADJECTIVE
  1. having or reflecting superior quality or value
    premium gasoline at a premium price

How To Use premium In A Sentence

  • Every time I can scrape a few quid together, I smack 'em straight into the premium bonds.
  • The premium is fixed for the entire duration of the policy.
  • As an extra precaution against an ongoing down market, Narayanan suggests building in a "margin of safety": a 3 to 5 percent premium over the target hurdle rate.
  • Furthermore, the very frequency of legislative change caused a higher premium to be placed on the flexibility of any computer system.
  • $10 for premium membership in usafurniture. org only for DP member. not only get quality link from PR3, but you can get buyers, we have top 3 in keyword "usa furniture". just one time fee, you will be in our USA furniture directory. Digital Point Forums
  • When I wrote, imprecisely, that domestic subsidies for agricultural commodities are equivalent to protective tariffs, I was groping at the notion that in both cases (1) domestic consumers/taxpayers pay a premium above the world price and (2) that foreign producers are discouraged from entering the domestic market. The Case for Free Trade, Arnold Kling | EconLog | Library of Economics and Liberty
  • The case stems from a complaint brought in Belgian court by two men and a consumers 'organization that challenged higher male life-insurance premiums. EU Adviser: Insurance Pricing Is Discriminatory
  • Most premium programmers offer a variety of multiplex channels on digital tiers to rotate their movie libraries, at no extra cost to the operator.
  • Orange is guessing that news will be a tempting way of getting users to pay premium prices for data downloads.
  • Free time is at a premium for working parents.
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