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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



... table; and if Mr. Carr was reluctant at the last minute to attend a lecture on "Egyptian Burial Customs," Mrs. Carr could usually summon Morris Leighton by telephone in time to act as her escort. Young men were at a premium in Mariona, as in most other places, and it was something to have one of the species, of an accommodating turn, and very presentable, within telephone range. Mrs. Carr was grateful, and so, it must be said, was her ...
— The Wit and Humor of America, Volume VII. (of X.) • Various

... evening Robert brought the engineer's answer, that he had no objection to take out a pupil, and would provide board, lodging, and travelling expenses; but he required a considerable premium, and for three years would offer no salary. His standard of acquirements was high, but such as rather stimulated than discouraged Owen, who was delighted to find that an appointment had been made for a personal interview ...
— Hopes and Fears - scenes from the life of a spinster • Charlotte M. Yonge

... poem is my (The Professor's) only contribution to the great department of Ocean-Cable literature. As all the poets of this country will be engaged for the next six weeks in writing for the premium offered by the Crystal-Palace Company for the Burns Centenary, (so called, according to our Benjamin Franklin, because there will be nary a cent for any of us,) poetry will be very scarce and dear. Consumers may, consequently, ...
— The Professor at the Breakfast Table • Oliver Wendell Holmes (Sr.)

... premium at the county fair, and when it was dressed it weighed fifteen pounds—well, maybe twenty—and it was so heavy that the grandmothers and the aunties couldn't put it on the table, and they had to get one of the papas to do it. You ...
— Christmas Every Day and Other Stories • W. D. Howells

... routine questions to form the customary work of the department; but the skies were serene; murder, rape, and sudden death no one thought of; Lloyd's, which will gamble on anything from the weather to an ocean tragedy, would have written a policy at a ridiculously low premium on the maintenance of the peace of Europe; any statesman rash enough to have predicted war for the United States within three years would have aroused the concern of his friends and the professional solicitude of his physician. Apparently ...
— The Mirrors of Washington • Anonymous


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