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Definition of Premium


  1. 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.
  2. Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.
  3. A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
  4. 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.
More "Premium" Quotations

Premium Translations

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