premium

Noun
  1. Payment for insurance (synset 113322642)
    is a type of: payment - a sum of money paid or a claim discharged
    same as: insurance premium
  2. The amount that something in scarce supply is valued above its nominal value (synset 113435159)
    "they paid a premium for access to water"
    is a type of: economic value, value - the amount (of money or goods or services) that is considered to be a fair equivalent for something else
  3. A fee charged for exchanging currencies (synset 113345319)
    is a type of: charge - the price charged for some article or service
    same as: agio, agiotage, exchange premium
  4. A prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. (synset 113293306)
    "they encouraged customers with a premium for loyal patronage"
    is a type of:
    • award, prize - something given for victory or superiority in a contest or competition or for winning a lottery
    • bonus, incentive - an additional payment (or other remuneration) to employees as a means of increasing output
  5. Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military (synset 113293082)
    referred to in: administration, governance, governing, government, government activity - the act of governing; exercising authority
    is a type of: reward - payment made in return for a service rendered
    same as: bounty
Adjective
  1. Having or reflecting superior quality or value (synset 302352428)
    "premium gasoline at a premium price"
    similar to: superior - of high or superior quality or performance

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