Yahoo Malaysia Web Search

Search results

1. Dictionary

   premium

   /ˈpriːmɪəm/

   noun

   • 1. an amount to be paid for a contract of insurance. Similar insurance chargeinsurance paymentregular paymentinstalment
   • 2. a sum added to an ordinary price or charge: "customers are reluctant to pay a premium for organic fruit" Similar surchargeadditional paymentextra amount/chargeadditional fee
   • ▪ a sum added to interest or wages; a bonus.
   • ▪ relating to or denoting a commodity of superior quality and therefore a higher price: "premium lagers"
   • ▪ the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents: "the shares jumped to a 70 per cent premium on the first day"
   • 3. something given as a reward, prize, or incentive: "the Society of Arts awarded him a premium" Similar bonusextrapercentageperkrecompenseremunerationprizerewardincentiveinducementformal:perquisitehistorical:bounty

   Word Origin early 17th century (in the sense ‘reward, prize’): from Latin praemium ‘booty, reward’, from prae ‘before’ + emere ‘buy, take’.

   Scrabble Points: 13

   • P

     3

   • R

     1

   • E

     1

   • M

     3

   • I

     1

   • U

     1

   • M

     3

   Powered by Oxford Dictionaries

   More definitions, origin and scrabble points