Associations to the word «Premium»

Wiktionary

PREMIUM, adjective. Superior in quality; higher in price or value.
PREMIUM, noun. A prize or award.
PREMIUM, noun. Something offered at a reduced price as an inducement to buy something else.
PREMIUM, noun. A bonus paid in addition to normal payments.
PREMIUM, noun. The amount to be paid for an insurance policy.
PREMIUM, noun. An unusually high value.
PREMIUM, noun. (finance) The amount by which a security's value exceeds its face value.
PREMIUM BOND, noun. A method of financial investment available to UK citizens where, instead of interest payments, investors have the chance to win tax-free prizes, or get their money back.
PREMIUM ECONOMY, noun. A class of airline travel between economy and business class.

Dictionary definition

PREMIUM, noun. Payment for insurance.
PREMIUM, noun. The amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water".
PREMIUM, noun. A fee charged for exchanging currencies.
PREMIUM, noun. 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".
PREMIUM, noun. Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military.
PREMIUM, adjective. Having or reflecting superior quality or value; "premium gasoline at a premium price".

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky