premium

{{Roman}}I.{{/Roman}}
noun
1 extra value/price
ADJECTIVE
hefty, high

The company is charging a pretty hefty premium for access to their network.

small
additional, extra
price
VERB + PREMIUM
pay

Electricity companies pay a premium for renewable energy.

charge
place, put
command
collect, earn, receive
PREPOSITION
at a premium

Good hotels are at a premium (= difficult to obtain and therefore expensive).

premium of

bought at a premium of 40% above the current market price

premium on

The company places a high premium on customer loyalty.

2 payment for insurance
ADJECTIVE
annual, monthly, regular (esp. BrE)
high, low, small

Intense competition has kept premiums low.

insurance
risk

There's a risk premium of probably $10 a barrel built into oil prices.

equity

equity risk premiums

health-care (esp. AmE), health-insurance
malpractice (esp. AmE)

the rising cost of medical malpractice insurance premiums

VERB + PREMIUM
pay
afford
keep up

We're struggling to keep up our premiums.

increase, raise

The insurance company has increased our premiums.

cut, lower, reduce
PREMIUM + VERB
go up, increase, rise

My insurance premiums increase each year.

fall, go down
cost sth

The additional premium costs $1 800 a year.

PREMIUM + NOUN
payment, rate
increase
PREPOSITION
premium for

the premiums for your pension plan

premium on

Premiums on many cars will go up this year.

{{Roman}}II.{{/Roman}}
adj.
Premium is used with these nouns: ↑brand, ↑product, ↑service

Collocations dictionary. 2013.

Synonyms:

Look at other dictionaries:

  • premium — pre·mi·um / prē mē əm/ n 1: the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2: the price paid for an insurance contract equal to the cost per unit times the number… …   Law dictionary

  • premium — [ premjɔm ] n. m. • XXe; mot lat. « butin » ♦ Fin. Prime versée pour une opération sur un marché à terme. ⇒ option. On écrirait mieux prémium. ● premium nom masculin (latin praemium, butin) Somme payée au vendeur d une option d achat (ou de… …   Encyclopédie Universelle

  • premium — premium, prize, award, reward, meed, guerdon, bounty, bonus are comparable when they mean something which is bestowed upon a person as a recompense for cooperation, greater effort, superior merit, or supremacy in competition. Premium is applied… …   New Dictionary of Synonyms

  • Premium — Pre mi*um, n.; pl. {Premiums}. [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See {Redeem}.] 1. A reward or recompense; a prize to be won by being before another, or others, in a… …   The Collaborative International Dictionary of English

  • premium — ► NOUN (pl. premiums) 1) an amount paid for a contract of insurance. 2) a sum added to an ordinary price or other payment. 3) (before another noun ) (of a commodity) superior and more expensive. ● at a premium Cf. ↑at a premium …   English terms dictionary

  • premium — [prē′mē əm] n. pl. premiums [L praemium, reward, recompense < prae , before + emere, to take: see PRE & REDEEM] 1. a reward or prize, esp. one offered free or at a special low price as an added inducement to buy or do something; bonus 2. an… …   English World dictionary

  • premium — [adj] excellent choice, exceptional, prime, select, selected, superior; concept 574 Ant. inferior, low, low class, poor premium [n] bonus, prize appreciation, boon, bounty, carrot*, dividend, extra, fee*, gravy*, guerdon, meed, percentage, perk* …   New thesaurus

  • Premĭum — (engl., abgekürzt pm.), Prämie, auf englischen Kurszetteln im Gegensatz zum damno oder discount (abgekürzt dis.) soviel wie Aufgeld, Überschuß über den Paribetrag …   Meyers Großes Konversations-Lexikon

  • premium — (n.) c.1600, reward given for a specific act, from L. praemium reward, profit derived from booty, from prae before (see PRE (Cf. pre )) + emere to buy, originally to take (see EXEMPT (Cf. exempt)). Insurance sense is 1660s, from It. premio.… …   Etymology dictionary

  • premium — consideration paid for an insurance policy. Glossary of Business Terms (1) The additional payment allowed by exchange regulation for delivery of higher than required standards or grades of a commodity against a futures contract. (2) In speaking… …   Financial and business terms

  • Premium — (1) Amount paid for a bond above the par value. (2) The price of an option contract; also, in futures trading, the amount the futures price exceeds the price of the spot commodity. Related: inverted market premium payback period. Also called… …   Financial and business terms

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