Definitions for premium

• Definition
• Anagrams (115)

premium pre·mi·um

Spelling: [pree-mee-uh m]

IPA: /ˈpri mi əm/

Premium is a 7 letter English word. It's valid Scrabble word worth 13 points. It's valid Words with friends word worth 17 points.

You can make 115 anagrams from letters in premium (eimmpru).

Definitions for premium

noun

1. a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
2. a bonus, gift, or sum additional to price, wages, interest, or the like.
3. Insurance. the amount paid or to be paid by the policyholder for coverage under the contract, usually in periodic installments.
4. Economics. the excess value of one form of money over another of the same nominal value.
5. a sum above the nominal or par value of a thing.
6. the amount paid to the lender of stock by the borrower, typically a short seller.
7. the amount the buyer of a call or put option pays to the seller, quoted in dollars per share of stock.
8. a fee paid for instruction in a trade or profession.
9. a sum additional to the interest paid for the loan of money.

Idioms

1. at a premium, at an unusually high price. in short supply; in demand:

adjective

1. of exceptional quality or greater value than others of its kind; superior:
2. of higher price or cost.
3. of or relating to premiums:

Origin of premium

First recorded in 1595-1605, premium is from the Latin word praemium profit, reward

Examples for premium

My dear father bought them—I should not be surprised to learn that he bought them at a premium.

Now, good food is cheap while skilled labor is at a premium.

The patrons repaid the mob by buying cheap liquor at premium prices, along with bootleg cigarettes and sometimes drugs.

Although why should there be such a premium placed on intelligence, he wondered.

Some services charge a fee for premium functionality, and sometimes, this functionality includes exporting the data.

If she gits a premium for puttin' up gardin-sass, I'll warrant there'll be a to-do.

Also, a premium can be contracted for, in the way of free association, for skilled labour.

“No one turned up until about five days later,” an anonymous resident told the premium Times.

Christie, who places a premium on the fact that he was cool in high school, sounds conservative memes without invoking the Divine.

The lucky recipient gets to choose from a selection of gifts ranging from cocktail kits to packages of wine and premium spirits.