Premium Meaning

There are 6 meaning(s) for word Premium

Meaning 1 : payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

    Synonyms : bounty
Meaning 2 : payment for insurance

    Synonyms : insurance premium
Meaning 3 : a fee charged for exchanging currencies

    Synonyms : agio,  agiotage,  exchange premium
Meaning 4 : 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

Meaning 5 : having or reflecting superior quality or value

    Example : premium gasoline at a premium price

Meaning 6 : the amount that something in scarce supply is valued above its nominal value

    Example : they paid a premium for access to water


Similar words of Premium :