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premium

pre·mi·um
P p

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [pree-mee-uh m]
    • /ˈpri mi əm/
    • /ˈpriː.mi.əm/
    • US Pronunciation
    • US IPA
    • [pree-mee-uh m]
    • /ˈpri mi əm/

Definitions of premium word

  • noun premium a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. 1
  • noun premium a bonus, gift, or sum additional to price, wages, interest, or the like. 1
  • noun premium Insurance. the amount paid or to be paid by the policyholder for coverage under the contract, usually in periodic installments. 1
  • noun premium Economics. the excess value of one form of money over another of the same nominal value. 1
  • noun premium a sum above the nominal or par value of a thing. 1
  • noun premium the amount paid to the lender of stock by the borrower, typically a short seller. 1

Information block about the term

Origin of premium

First appearance:

before 1595
One of the 38% oldest English words
First recorded in 1595-1605, premium is from the Latin word praemium profit, reward

Historical Comparancy

Parts of speech for Premium

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

premium popularity

A common word. It’s meaning is known to most children of preschool age. About 92% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

premium usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for premium

adj premium

  • prime — of the first importance; demanding the fullest consideration: a prime requisite.
  • superior — higher in station, rank, degree, importance, etc.: a superior officer.
  • choice — If there is a choice of things, there are several of them and you can choose the one you want.
  • select — to choose in preference to another or others; pick out.
  • selected — to choose in preference to another or others; pick out.

Antonyms for premium

adj premium

  • inferior — lower in station, rank, degree, or grade (often followed by to): a rank inferior to colonel.
  • poor — having little or no money, goods, or other means of support: a poor family living on welfare.
  • low — to utter by or as by lowing.
  • low-class — vulgar, coarse, or undignified

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See also

Matching words

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