Definition of Premium

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Premium

A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.

Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.

A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.

A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.

Related Definitions:

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Premium Quotations

Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett

Justice is the insurance which we have on our lives and property. Obedience is the premium which we pay for it.
William Penn

Let's face facts, this is visual medium, there's a very high premium put on people who are good-looking. But the minute you rely on that you get yourself in trouble. You certainly don't make a career out of that anymore as an actor.
Alec Baldwin

There is little premium in poetry in a world that thinks of Pound and Whitman as a weight and a sampler, not an Ezra, a Walt, a thing of beauty, a joy forever.
Anna Quindlen

Our Fly Smart philosophy is about investing only on those points of differentiation that pay for themselves, that earn a revenue premium commensurate with what it costs us to provide that product or service.
Gerard Arpey

Because the competitive landscape of the web is such that the site which looks and works best gets the most traffic, developers and designers put a premium on the presentation of that content and let structural markup take a back seat.
Mike Davidson

If things don't come easy, there is no premium on effort. There should be joy in the chase, zest in the pursuit.
Branch Rickey

In my case, I pay a standard premium to participate in the Federal Employees' Health Benefits Plan for my wife and myself out of each month's paycheck.
Virgil Goode

It puts the provider in a situation of looking for ways to have someone else pick up a piece of the cost. As a result, every customer who has insurance ends up paying a 'hidden premium.' It simply adds to the health care cost burden.
David Obey

A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.
Daniel Yergin

Premium Translations

premium in Dutch is premie, prijs
premium in Finnish is palkinto
premium in Portuguese is superior
premium in Swedish is premium, premie

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