Premium

Language: English
Pronunciation: premi-um
Part of Speech: noun

Defined Definitions

User Defined Definitions

"payment for insurance"

"the amount that something in scarce supply is valued above its nominal value"

"a fee charged for exchanging currencies"

"a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc."

"having or reflecting superior quality or value"

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