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Premium   /prˈimiəm/   Listen
Premium

noun
(pl. premiums)
1.
Payment for insurance.  Synonym: insurance premium.
2.
The amount that something in scarce supply is valued above its nominal value.
3.
A fee charged for exchanging currencies.  Synonyms: agio, agiotage, exchange premium.
4.
A prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc..
5.
Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military.  Synonym: bounty.
adjective
1.
Having or reflecting superior quality or value.



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"Premium" Quotes from Famous Books



... chairman. It has amused me much by bringing me into company with a body of active, business-loving, money-making citizens of Edinburgh, chiefly Whigs by the way, whose sentiments and proceedings amuse me. The stock is rather low in the market, 35s. premium instead of L5. It must rise, however, for the advantages of the light are undeniable, and folks will soon become accustomed to idle apprehensions or misapprehensions. From L20 to L25 should light a house capitally, supposing you leave town in the vacation. The three last quarters ...
— The Journal of Sir Walter Scott - From the Original Manuscript at Abbotsford • Walter Scott

... favour, while I am looked upon as the natural recipient of all his evil? Of course they tell us that there is more joy over the one lamb that is found than over the ninety and nine that went not astray; it puts rather a high premium on straying." He laughed bitterly. "With what I have behind me, is it worth being decent for the sake of decency? After all, is the game worth ...
— The Uncalled - A Novel • Paul Laurence Dunbar

... to apprentice two poor girls born of honest parents. The rent is fourteen pounds, and so the fees are so small that only the small lace-makers here will accept them. I cannot get the girls apprenticed to anything better in the towns except for a much larger premium." ...
— The Clever Woman of the Family • Charlotte M. Yonge

... him when the war is over, if he has not had the sense to get killed. But that won't rear again the grand old stones or wipe from Germany's honor the stain of that long line of murdered men and women—whatever its actual length may have been. War puts a premium on brutality and senselessness. Men with the intelligence and instincts of an ape suddenly find themselves possessed of the powers of a god. And we are astonished that they do not display the ...
— New York Times, Current History, Vol 1, Issue 1 - From the Beginning to March, 1915 With Index • Various

... but my zeal in these social studies could make me profane it. Who would not have been the careless brute this young man must have been, if only one might have tasted the sweetness of such forgiving? His pardon set a premium on misbehavior. He was a nice-looking young fellow, but she was nicer, and in her tender eyes there seemed more wisdom. Probably she knew just at what moment to temper ...
— London Films • W.D. Howells


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