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- 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
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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
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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
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definition 5: |
the amount above nominal or par value, as of securities.
- similar words:
- interest
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related words: |
bonus, extra, interest, prize |
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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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related words: |
exceptional, prize |
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