from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A prize or award.
- n. Something offered free or at a reduced price as an inducement to buy something else.
- n. A sum of money or bonus paid in addition to a regular price, salary, or other amount.
- n. The amount paid, often in addition to the interest, to obtain a loan.
- n. The amount paid or payable, often in installments, for an insurance policy.
- n. The amount at which something is valued above its par or nominal value, as money or securities.
- n. The amount at which a securities option is bought or sold.
- n. Payment for training in a trade or profession.
- n. An unusual or high value: Employers put a premium on honesty and hard work.
- adj. Of superior quality or value: premium gasoline.
- idiom at a premium More valuable than usual, as from scarcity: Fresh water was at a premium after the reservoir was contaminated.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Superior in quality; higher in price or value.
- n. A prize or award.
- n. Something offered at a reduced price as an inducement to buy something else.
- n. A bonus paid in addition to normal payments.
- n. The amount to be paid for an insurance policy.
- n. An unusually high value.
- n. The amount by which a security's value exceeds its face value.
from the GNU version of the Collaborative International Dictionary of English
- n. 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
- n. Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.
- n. A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
- n. A sum in advance of, or in addition to, the nominal or par value of anything
from The Century Dictionary and Cyclopedia
- n. A reward; a recompense given for a particular action or line of conduct.
- n. That which is given for the loan of money; interest.
- n. In insurance, the amount paid or agreed to be paid in one sum or periodically to insurers as the consideration for a contract of insurance. See insurance, 2.
- n. In banking and currency, the difference by which the value of one metallic currency exceeds that of another of the same denomination, or by which a metallic currency exceeds a paper currency of the same denomination in the same country; agio: the opposite of discount, or disagio, which is the amount by which the value of one currency has depreciated when compared with another.
- n. In stock-broking, etc., the percentage of difference by which the market price of shares, stocks, bonds, etc., exceeds their face-value or the sum originally paid for them: thus, when stock originally issued at $100 per share sells at $140 per share, it is said to be at a premium of 40 per cent.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
- n. a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
- adj. having or reflecting superior quality or value
- n. the amount that something in scarce supply is valued above its nominal value
- n. payment for insurance
- n. a fee charged for exchanging currencies
Latin praemium, inducement, reward : prae-, pre- + emere, to take, buy.(American Heritage® Dictionary of the English Language, Fourth Edition)