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pre·mi·um

premium

 
 
pronunciation:
pri mi m
parts of speech:
noun, adjective
features:
Word Combinations (noun, adjective)
part of speech: noun
definition 1: something offered as an inducement, as to buy a certain product.
This automobile offer comes with certain premiums to attract customers.
synonyms:
bonus, incentive
similar words:
extra, feature, giveaway, inducement
definition 2: something paid or given in addition to the regular price, wages, or interest.
If the work is done ahead of time, the company awards the workers a premium.
synonyms:
bonus
similar words:
benefit, perk, perquisite
definition 3: the amount paid or payable for insurance coverage.
The insurance coverage is good, but the monthly premium is quite high.
definition 4: the exceptional value or esteem accorded something.
The company puts a premium on efficiency.
similar words:
priority
definition 5: the amount above nominal or par value, as of securities.
similar words:
interest
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part of speech: adjective
definition: of the best quality.
The premium brand is the most expensive, but it is truly the best.
synonyms:
prime, superlative
similar words:
best, champion, choice, fine, first-rate, prize, quality, select, tiptop
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