premium

1. n. A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc. Source: opted

2. n. Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital. Source: opted

3. n. A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind. Source: opted

4. n. A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium. Source: opted

5. adj. having or reflecting superior quality or value; having a higher price or cost Source: wordnet

6. n. payment for insurance Source: wordnet

7. n. the amount that something in scarce supply is valued above its nominal value Source: wordnet

8. n. a fee charged for exchanging currencies Source: wordnet

9. n. a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. Source: wordnet

10. n. payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military Source: wordnet

11. 1. A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc. To think it not the necessity, but the premium and privilege of life, to eat and sleep without any regard to glory. Burke. The law that obliges parishes to support the poor offers a premium for the encouragement of idleness. Franklin. 2. Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital. People were tempted to lend, by great premiums and large interest. Swift. 3. A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind. 4. A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium. Source: webster

12. j:28/n:72 n. payment for insurance n. the amount that something in scarce supply is valued above its nominal value n. a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. s. having or reflecting superior quality or value Source: ecdict

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