Word
premium
An amount to be paid for an insurance policy; or, an additional sum added to a price or charge, often for better quality or a special service.
Meanings
An amount to be paid for an insurance policy; or, an additional sum added to a price or charge, often for better quality or a special service.
Of superior quality or higher value; excellent.
Examples
- The luxury car manufacturer charges a premium for its custom paint options.
- My sister always chooses premium ingredients when she bakes a cake.
- You need to pay your insurance premium by the end of the month to maintain coverage.
More nouns
- deadline A deadline is a specific time or date by which something must be completed.
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