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A prize or bonus given, for example, when purchasing a product, as a way of increasing sales: Place/put a premium on sth to consider a quality or achievement as very important: An amount of money paid to get insurance:

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An amount paid or required, often as an installment payment, for an insurance policy.

How to use premium in a sentence.

A bonus, gift, or sum added as an. Look up premium in wiktionary, the free dictionary. An amount that is more than usual: A premium is a specified amount of money paid periodically for something of value, such as a contract, service, or product.

Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium. An amount paid or required, often as an installment. Meanings, etymology, pronunciation and more in the oxford english dictionary The premium was a little gadget to hold your toothbrush.