Premium (Noun)
Meaning 1
A fee charged for exchanging currencies.
Classification
Nouns denoting possession and transfer of possession.
Synonyms
Hypernyms
Meaning 2
Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military.
Classification
Nouns denoting possession and transfer of possession.
Synonyms
Hypernyms
Meaning 3
Payment for insurance.
Classification
Nouns denoting possession and transfer of possession.
Synonyms
Meaning 4
The amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water".
Classification
Nouns denoting possession and transfer of possession.
Hypernyms
Meaning 5
A prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; "they encouraged customers with a premium for loyal patronage".
Classification
Nouns denoting possession and transfer of possession.