Premium Meaning In English The meaning of PREMIUM is a reward or recompense for a particular act How to use premium in a sentence
PREMIUM definition an amount paid in addition to a standard rate price wage etc bonus Meaning pronunciation translations and examples PREMIUM meaning 1 an amount that is more than usual 2 an amount of money paid to get insurance 3 the highest Learn more
Premium Meaning In English
Premium Meaning In English
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When premium is a noun it means the money you pay each month for your car insurance or a charge that s added on top of a standard payment It also means a prize or reward As an adjective premium implies something of superior quality that probably costs more too Premium comes straight out of Latin meaning reward It was first used as An amount of money that you pay once or regularly for an insurance policy You can increase your monthly contributions to the pension plan Want to learn more an extra payment added to the basic rate You have to pay a high premium for express delivery A premium of 10 per cent is paid out after 20 years
There are nine meanings listed in OED s entry for the word premium See Meaning use for definitions usage and quotation evidence An amount paid or required often as an installment payment for an insurance policy 2 a An amount paid to obtain a loan b An interest payment usually on a regular basis on a loan 3 A sum of money or bonus paid in addition to a regular price salary or other amount Many people are willing to pay a premium to live near the ocean 4 a
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PREMIUM definition 1 an amount of money you pay for insurance payments for an accident or illness 2 an amount Learn more Contribution a sum of money that you pay regularly often to your employer or the government for benefits such as health insurance a retirement plan etc You can increase your monthly contributions to your savings account
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https://www.merriam-webster.com › dictionary › premium
The meaning of PREMIUM is a reward or recompense for a particular act How to use premium in a sentence
https://www.collinsdictionary.com › dictionary › english › premium
PREMIUM definition an amount paid in addition to a standard rate price wage etc bonus Meaning pronunciation translations and examples
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Premium Meaning In English - There are nine meanings listed in OED s entry for the word premium See Meaning use for definitions usage and quotation evidence
