premium

noun
UK: /ˈpriː.mi.əm/
US: /ˈpriː.mi.əm/

  1. An amount that is more than usual.

    1. I paid a premium for the express delivery.
    2. Customers are willing to pay a premium for high-quality organic products.

  2. The payment you make regularly to an insurance company.

    1. The insurance premium is due next week.
    2. Increasing healthcare costs have led to a rise in health insurance premiums.

  3. Something given free as a reward or gift.

    1. The cereal box had a small toy as a premium inside.
    2. Customers who spend over $100 receive a travel-sized lotion as a premium.

Synonyms

high-quality extra superior
premium adjective

  1. Of very high quality; better than the others.

    1. This is premium coffee.
    2. They use premium ingredients to make their ice cream.

  2. Relating to or denoting goods or services of especially high quality.

    1. Our premium service ensures fast delivery.
    2. The airline offers premium seating with extra legroom and wider seats.

Frequently Asked Questions

The word "premium" in English means: An amount that is more than usual., The payment you make regularly to an insurance company., Something given free as a reward or gift..

The phonetic transcription of "premium" is /ˈpriː.mi.əm/ in British English and /ˈpriː.mi.əm/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "premium": high-quality, extra, superior.

Example usage of "premium": "I paid a premium for the express delivery.". More examples on the page.