Meaning Of The Word Premium
What's the definition of Premium? Find Premium meanings, definitions and more at the Real Dictionary online.
Premium Meaning
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What's The Definition Of Premium?
premium
countable noun: A premium is a sum of money that you pay regularly to an insurance company for an insurance policy. premium in American English a reward or prize, esp. one offered free or at a special low price as an added inducement to buy or do something; bonus noun: a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc premium in British English noun: an amount paid in addition to a standard rate, price, wage, etc; bonus premium in Finance noun: A premium is the higher price that is paid for a bond that is trading above par. premium in Insurance noun: A premium is the cost of insurance, that is usually an amount paid each year. |
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