premium

Meaning

Adj

1. Superior in quality; higher in price or value.
2. High-end; belonging to the market segment between mid-market and luxury.

Noun

1. A prize or award.
2. Something offered at a reduced price as an inducement to buy something else.
3. A bonus paid in addition to normal payments.
4. The amount to be paid for an insurance policy.
5. An unusually high value.
6. The amount by which a security's value exceeds its face value.

Synonyms

bonus

reward

prize

award

agio

bounty

guerdon

insurance premium

fee

accolade

laurel

superior

gift

🎁

medal

compensation

remuneration

honor

citation

honour

perk

premium grade

top

🔝

exchange premium

prime

give-away

ascendant

agiotage

senior

dividend

dominant

super

due

supreme

surcharge

surface

upper

key money

meed

excellent

overwhelming

payment

💸

above

retainer

royalty

scenery

selected

share

subscription

superb

supplanter

supplement

trophy

🏆

wages

wonderful

natural features

extra wages

compensation for damage

option money

royalty payment

option premium

best

associate charge

good

👍

additional

additional charge

additional payment

amends

annuity

appreciation

bill

boom

💥

carrot

🥕

compensations

contribution

cover charge

discount

down payment

dues

equalization

extra charge

fine

grant

gratuity

high-class

high-grade

honorarium

incentive

indemnification

indemnity

installment

instalment

overestimation

overrating

pension

percentage

perquisite

price

prise

recompense

reimbursement

reliable

reparation

repayment

Pronounced as (IPA)

/ˈpɹiː.miː.əm/

Etymology

From Latin praemium (“prize”).