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an amount to be paid for an insurance policypremium, insurance premium(noun)
payment for insurancepremium(noun)
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(noun)
a fee charged for exchanging currenciespremium(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"bounty, premium(adj)
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the militarypremium(adj)
having or reflecting superior quality or value
"premium gasoline at a premium price"commanding a large price
lavish feasts at which premium wines flowed freelysomething given in recognition of achievement
encouraging Girl Scouts to sell more cookies by offering premiums