premium

Definitions

1. prize, award (honour or reward)
2. Quantity of money that gives to somebody like incentive in return to fulfil some conditions in a work.
3. A prize or award.
4. prize (that which may be won)
5. Quantity of money that it is necessary to pay to a sure.
6. Something offered at a reduced price as an inducement to buy something else.
7. Of superior quality or value: premium gasoline.
8. premium (bonus paid in addition to normal payments)
9. Primo.
10. A bonus paid in addition to normal payments.
11. More valuable than usual, as from scarcity: Fresh water was at a premium after the reservoir was contaminated.
12. first-person singular present indicative of premiar
13. The amount to be paid for an insurance policy.
14. at a premium, a. at an unusually high price.
15. An unusually high value.
16. Something given in return for a service or accomplishment:accolade, award, guerdon, honorarium, plum, prize, reward.
17. The amount by which a security's value exceeds its face value.
18. An amount paid or required, often as an installment payment, for an insurance policy.
19. An amount paid to obtain a loan.
20. A sum of money or bonus paid in addition to a regular price, salary, or other amount: Many people are willing to pay a premium to live near the ocean.
21. The amount at which something, such as a security or a currency, is valued above its initial or nominal price.
22. Something offered free or at a reduced price as an inducement to buy something else: offered the backpack as a premium for students opening new bank accounts.
23. An unusual or high value: Employers put a premium on honesty and hard work.

Equivalents

Examples

“At first I wrote it off to the simpler protocols of grandparenthood, with its premium on uncomplicated gestures of generosity and love⟳.”

“(Of course, if an insured dies during the grace period, the unpaid annual premium or instalment thereof is past due and therefore is deducted from the death benefit.)”

“Notice⟳ that these premia would exist⟳ even in a world of risk-neutral lenders if there were identifiable classes of nonrepaying borrowers.”

“When a process⟳ of proverse selection has run⟳ its course, a disproportionate number⟳ of high-risk insureds will remain⟳ in the former classification, which will prompt an increase⟳ in the premiums charged in order⟳ to cover⟳ the higher losses.”

CEFR level