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The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.

PREMIUM definition: 1. an amount that is more than usual: 2. an amount of money paid to get insurance: 3. the highest…. Learn more.

Define premium. premium synonyms, premium pronunciation, premium translation, English dictionary definition of premium. n. 1. An amount paid or required, often as an installment payment, for an …

Factsheet What does the word premium mean? There are nine meanings listed in OED's entry for the word premium. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

A sum of money or bonus paid in addition to a regular price, salary, or other amount. Many people are willing to pay a premium to live near the ocean.

Look up premium in Wiktionary, the free dictionary.

a prize or bonus given, for example, when purchasing a product, as a way of increasing sales: The premium was a little gadget to hold your toothbrush. a bonus, gift, or sum added as an extra to the …

Jan 26, 2026 · Noun premium (plural premiums or premia) A prize or award. Something offered at a reduced price as an inducement to buy something else. A bonus paid in addition to normal payments.

PREMIUM definition: a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. See examples of premium used in a sentence.