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