premium

premium
pre|mi|um1 [ˈpri:miəm] n
[Date: 1600-1700; : Latin; Origin: praemium 'profit, reward', from emere 'to take, buy']
1.)
the cost of insurance, especially the amount that you pay each year
▪ insurance premiums
2.)
an additional amount of money, above a standard rate or amount
▪ Consumers are prepared to pay a premium for organically grown vegetables.
▪ Top quality cigars are being sold at a premium .
3.) be at a premium
if something is at a premium, people need it or want it, but there is little of it available or it is difficult to get
▪ During the Olympic Games, accommodation will be at a premium.
space/time is at a premium
▪ Foldaway furniture is the answer where space is at a premium.
4.) put/place a premium on sth
to consider one quality or type of thing as being much more important than others
▪ Modern economies place a premium on educated workers.
5.) [U] especially AmE good quality petrol
premium 2
premium2 adj
1.) of very high quality
▪ premium ice cream
▪ the current consumer trend for premium products
▪ premium quality British potatoes
2.) premium price/rate
premium prices and rates are higher than usual ones
▪ People are prepared to pay premium prices for quality products.
▪ Calls are charged at the premium rate of 60p per minute.

Dictionary of contemporary English. 2013.

Игры ⚽ Нужна курсовая?
Synonyms:
, , , , , , , , , / (of insurance), / , , ,


Look at other dictionaries:

  • premium — pre·mi·um / prē mē əm/ n 1: the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2: the price paid for an insurance contract equal to the cost per unit times the number… …   Law dictionary

  • premium — [ premjɔm ] n. m. • XXe; mot lat. « butin » ♦ Fin. Prime versée pour une opération sur un marché à terme. ⇒ option. On écrirait mieux prémium. ● premium nom masculin (latin praemium, butin) Somme payée au vendeur d une option d achat (ou de… …   Encyclopédie Universelle

  • premium — premium, prize, award, reward, meed, guerdon, bounty, bonus are comparable when they mean something which is bestowed upon a person as a recompense for cooperation, greater effort, superior merit, or supremacy in competition. Premium is applied… …   New Dictionary of Synonyms

  • Premium — Pre mi*um, n.; pl. {Premiums}. [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See {Redeem}.] 1. A reward or recompense; a prize to be won by being before another, or others, in a… …   The Collaborative International Dictionary of English

  • premium — ► NOUN (pl. premiums) 1) an amount paid for a contract of insurance. 2) a sum added to an ordinary price or other payment. 3) (before another noun ) (of a commodity) superior and more expensive. ● at a premium Cf. ↑at a premium …   English terms dictionary

  • premium — [prē′mē əm] n. pl. premiums [L praemium, reward, recompense < prae , before + emere, to take: see PRE & REDEEM] 1. a reward or prize, esp. one offered free or at a special low price as an added inducement to buy or do something; bonus 2. an… …   English World dictionary

  • premium — [adj] excellent choice, exceptional, prime, select, selected, superior; concept 574 Ant. inferior, low, low class, poor premium [n] bonus, prize appreciation, boon, bounty, carrot*, dividend, extra, fee*, gravy*, guerdon, meed, percentage, perk* …   New thesaurus

  • Premĭum — (engl., abgekürzt pm.), Prämie, auf englischen Kurszetteln im Gegensatz zum damno oder discount (abgekürzt dis.) soviel wie Aufgeld, Überschuß über den Paribetrag …   Meyers Großes Konversations-Lexikon

  • premium — (n.) c.1600, reward given for a specific act, from L. praemium reward, profit derived from booty, from prae before (see PRE (Cf. pre )) + emere to buy, originally to take (see EXEMPT (Cf. exempt)). Insurance sense is 1660s, from It. premio.… …   Etymology dictionary

  • premium — consideration paid for an insurance policy. Glossary of Business Terms (1) The additional payment allowed by exchange regulation for delivery of higher than required standards or grades of a commodity against a futures contract. (2) In speaking… …   Financial and business terms

  • Premium — (1) Amount paid for a bond above the par value. (2) The price of an option contract; also, in futures trading, the amount the futures price exceeds the price of the spot commodity. Related: inverted market premium payback period. Also called… …   Financial and business terms

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”