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Dictionary

Words, grammatical forms and meanings linked to the ontology.

premium en · ADJ

Pronunciation

  • (US) audio
  • /ˈpɹiː.miː.əm/

Etymology

From Latin praemium (“prize”).

Meanings

  1. (not-comparable) Superior in quality; higher in price or value.
  2. (not-comparable) High-end; belonging to the market segment between mid-market and luxury.

Forms

SpellingFeaturesLabelsSource
praemium alternative, obsolete lexicographic
præmium alternative, obsolete lexicographic

Coordinates

economy · luxury

Descendants

premium · premium · prémium

Translations (12)

ru премиум класса (Translations) · es premium (Translations) · fi korkean luokan (Translations) · cmn 优质的 (Translations) · es fénix (Translations) · es prémium (Translations) · fr haut de gamme (Translations) · ar إصدار مُكَلف (Translations) · ru премиальный (Translations) · pt premium (Translations) · fi korkealuokkainen (Translations) · de premium (Translations)

premium en · NOUN

Pronunciation

  • (US) audio
  • /ˈpɹiː.miː.əm/

Etymology

From Latin praemium (“prize”).

Meanings

  1. A prize or award.
  2. Something offered at a reduced price as an inducement to buy something else.
  3. A bonus paid in addition to normal payments.
    • At first I wrote it off to the simpler protocols of grandparenthood, with its premium on uncomplicated gestures of generosity and love. 2009 July 19, Ariel Sabar, “A Time to Put Aside the Armor”, in The New York Times:
  4. The amount to be paid for an insurance policy.
    • 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. 1999, Missouri Law Review, volume 64, page 770:
    • Notice that these premia would exist even in a world of risk-neutral lenders if there were identifiable classes of nonrepaying borrowers. 1986, Michael P. Claudon, World Debt Crisis: International Lending on Trial, page 184:
    • (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.) 1951, State Farm Life Insurance Company, Life Agents Handbook, page 62:
  5. An unusually high value.
  6. The amount by which a security's value exceeds its face value.

Forms

SpellingFeaturesLabelsSource
praemium alternative, obsolete lexicographic
premia Number=Plur lexicographic
præmium alternative, obsolete lexicographic
premiums Number=Plur lexicographic

Antonyms

discount

Deriveds

call premium (terms derived from adjective or noun) · time value premium (terms derived from adjective or noun) · premium-rate telephone number (terms derived from adjective or noun) · green premium (terms derived from adjective or noun) · buyer's premium (terms derived from adjective or noun) · premium bond (terms derived from adjective or noun) · union wage premium (terms derived from adjective or noun) · put a premium on (terms derived from adjective or noun) · subpremium (terms derived from adjective or noun) · at a premium (terms derived from adjective or noun) · ultrapremium (terms derived from adjective or noun) · college wage premium (terms derived from adjective or noun) · premium outlet (terms derived from adjective or noun) · wage premium (terms derived from adjective or noun) · premiumisation (terms derived from adjective or noun) · Poverty premium (terms derived from adjective or noun) · premiumization (terms derived from adjective or noun) · premium economy (terms derived from adjective or noun) · value premium (terms derived from adjective or noun) · nonpremium (terms derived from adjective or noun) · bond premium (terms derived from adjective or noun) · pupil premium (terms derived from adjective or noun) · time premium (terms derived from adjective or noun) · premiumize (terms derived from adjective or noun) · greenium (terms derived from adjective or noun) · superpremium (terms derived from adjective or noun) · freemium (terms derived from adjective or noun) · semipremium (terms derived from adjective or noun) · risk premium (terms derived from adjective or noun)

Translations (73)

id premi (the amount to be paid for an insurance policy) · nl premie (the amount to be paid for an insurance policy) · hu prémium (a bonus paid in addition to normal payments) · cmn 奖金 (a prize or award) · de Versicherungsprämie (the amount to be paid for an insurance policy) · es prima (a bonus paid in addition to normal payments) · de Prämie (a bonus paid in addition to normal payments) · fi lisäpalkkio (a bonus paid in addition to normal payments) · bg премия (a prize or award) · es recargo (a bonus paid in addition to normal payments) · pt ágio (a bonus paid in addition to normal payments) · ru награ́да (a prize or award) · pt prêmio (the amount to be paid for an insurance policy) · nl korting (something offered at a reduced price as an inducement to buy something else) · ru приз (a prize or award) · ru вознагражде́ние (a prize or award) · fi lisä (a bonus paid in addition to normal payments) · cmn 奖赏 (a prize or award) · bg премия (the amount to be paid for an insurance policy) · eo premio (a prize or award) · bg бонус (something offered at a reduced price as an inducement to buy something else) · fi palkinto (a prize or award) · fi preemio (a bonus paid in addition to normal payments) · cmn 手续费 (a bonus paid in addition to normal payments) · cmn 保险费 (the amount to be paid for an insurance policy) · ru бо́нус (a prize or award) · es premio (a prize or award) · fr cotisation (the amount to be paid for an insurance policy) · es bonificación (a bonus paid in addition to normal payments) · ky сыйлык (a prize or award) · nb utmerkelse (a prize or award) · ru страхово́й взнос (the amount to be paid for an insurance policy) · ca prima (a bonus paid in addition to normal payments) · nb pris (a prize or award) · ru надба́вка (a bonus paid in addition to normal payments) · fi vakuutusmaksu (the amount to be paid for an insurance policy) · nb bonus (a bonus paid in addition to normal payments) · es prima (the amount to be paid for an insurance policy) · bg надбавка (a bonus paid in addition to normal payments) · pl składka (the amount to be paid for an insurance policy) · bg награда (a prize or award) · fi houkutin (something offered at a reduced price as an inducement to buy something else) · nl premie (a bonus paid in addition to normal payments) · bg бонус (a bonus paid in addition to normal payments) · fi bonus (a bonus paid in addition to normal payments) · pt prêmio (a bonus paid in addition to normal payments) · fi ilmaisetu (something offered at a reduced price as an inducement to buy something else) · fi palkkio (a prize or award) · nb premie (the amount to be paid for an insurance policy) · mi utuhoko (the amount to be paid for an insurance policy) · pl nagroda (a prize or award) · de Versicherungsbeitrag (the amount to be paid for an insurance policy) · nl bonus (a bonus paid in addition to normal payments) · es premium (a prize or award) · sv premium (a prize or award) · pt prêmio (a prize or award) · es premio (a bonus paid in addition to normal payments) · pl premia (a bonus paid in addition to normal payments) · ar فاخر (something offered at a reduced price as an inducement to buy something else) · alt сый-акча (a bonus paid in addition to normal payments) · es prémium (a prize or award) · sv premie (a prize or award) · hi प्रीमियम (the amount to be paid for an insurance policy) · alt сый (a bonus paid in addition to normal payments) · tl prima (a bonus paid in addition to normal payments) · fr prime (the amount to be paid for an insurance policy) · nl prijs (a prize or award) · fr prix (a prize or award) · de Preis (a prize or award) · ru пре́мия (a bonus paid in addition to normal payments) · nb bonus (something offered at a reduced price as an inducement to buy something else) · nb tillegg (a bonus paid in addition to normal payments) · de Bonus (a bonus paid in addition to normal payments)