premium1 nounpremium2 adjective
premiumpre‧mi‧um1 /ˈpriːmiəm/ ●○○ noun 
WORD ORIGINpremium1
Origin:
1600-1700 Latin praemium ‘profit, reward’, from emere ‘to take, buy’EXAMPLES FROM OTHER DICTIONARIES
- Premium costs around $1.35 a gallon.
- Farmers are being offered a premium for organically grown vegetables.
- We pay over $1200 in annual car insurance premiums.
- Businessure is aimed at businesses with a turnover of up to £1m and generally involving premiums of up to £5,000 perannum.
- For an age that put a high premium on human imagination, this was important.
- Let the self-correcting nature of automation strain to find the optima which let only the premium through.
- Neither can they raise premiums if an existing customer takes a test which proves to be positive.
- Private motor business remains very competitive but it has been necessary to apply further selective premium increases.
- Risk of unexpected changes in default premium.
- That being the case, the company had been taking his premiums without assuming any actual risk.
- Yields also were lowered on the noncallable serial bonds due in 2013-2016, which were priced at a premium.
THESAURUS
an amount of money that you pay for something, especially when it is only one part of the total amount you have to pay: · They have a monthly car payment of £220.
British English, installment American English a regular payment you make to pay back money that you have borrowed or to pay for things that you have already received: · I borrowed $2,000, which was to be paid back in monthly installments of $250.
(also down payment) part of the cost of something that you pay before you get it, so that it will not be sold to anyone else: · They used the money they inherited as a down payment on a house.· The hotel asks for a $20 deposit to reserve a room.
an amount of money you pay, usually once a year, to receive copies of a newspaper or magazine: · A subscription to the magazine is $52 a year.
a small amount of money that you give someone, for example a waitress or taxi driver, in addition to paying for a service they have given you: · I usually leave a 10% tip.
the amount you pay for insurance each year: · your monthly life insurance premiums
WORD SETSadmin, nounadministration, nounadministrative, adjectiveadministrator, nounagency, nounagent, nounbalance sheet, nounbazaar, nounbid, nounbid, verbbig business, nounbook value, nounboss, nounbottom line, nounbranch, nouncapacity, nouncapital, nouncapital assets, nouncapital gains, nouncapital goods, nouncapital-intensive, adjectivecapitalist, nouncard, nouncentralize, verbcompetitiveness, nounconsultancy, nouncontract, nouncontract, verbcost-effective, adjectivecoupon, nouncritical path, noundecentralize, verbdeveloper, noundistiller, noundistributor, noundiversify, verbdownsize, verbeconomics, nounenterprise, nounentrepreneur, nounestablishment, nounfashion, nounfly-by-night, adjectivefold, verbfoodstuff, nounform letter, nounfranchise, verbfranchisee, noungazump, verbgearing, noungeneric, adjectiveget, verbhard sell, nounhaute couture, nounhigh season, nounhigh technology, nounhike, nounhike, verbloss, nounlow-tech, adjectivemaximize, verbMD, nounmerchandise, verbmerchandising, nounmerger, nounmiddleman, nounmiller, nounmission statement, nounmom-and-pop, adjectivemoneygrabbing, adjectivemoneymaker, noun-monger, suffixmonopolistic, adjectivemonopoly, nounnet, adjectivenet, verbniche, nounoff-the-peg, adjectiveopening time, nounoperation, nounoperational, adjectiveoperator, nounoption, nounoutlay, nounoutlet, nounoutput, nounoutwork, nounoverhead, nounoverstock, verbpackage, nounpartner, nounpartnership, nounpatent, nounpayola, nounpercentage, nounpiracy, nounpremium, nounprivate practice, nounprivatization, nounprivatize, verbprofitability, nounproprietor, nounproprietress, nounpurchase price, nounpurchasing power, nounquiet, adjectiveR & D, nounrate of return, nounrecall, verbreject, nounrep, nounresearch and development, nounrestrictive practices, nounrevenue, nounsell, verbservice industry, nounsleeping partner, nounspeculate, verbspeculation, nounspeculative, adjectivestreet value, nounsubtotal, nounswap meet, nounsweatshop, nounsyndicate, nounsystems analyst, nountake, nountender, nountie-up, nounTM, transact, verbtransaction, nounturnover, nounundersell, verbuneconomic, adjectiveunit, noununprofitable, adjectivevideo conferencing, nounwatchdog, nounwheeler-dealer, nounwheeling and dealing, noun
COLLOCATIONS FROM THE ENTRY
Consumers are prepared to pay a premium for organically grown vegetables. Top quality cigars are being sold at a premium. Foldaway furniture is the answer where space is at a premium.COLLOCATIONS FROM OTHER ENTRIES
Consumers are prepared to pay a premium for organically grown vegetables. Top quality cigars are being sold at a premium. Foldaway furniture is the answer where space is at a premium. (=money that you pay regularly to an insurance company)· Your insurance premium is payable when you make your holiday booking.
COLLOCATIONS FROM THE CORPUSADJECTIVE· If high value loads are carried regularly, an appropriate annual premium should be sought.· Sales of unit trusts and personal equity plans declined by 63 percent to 36 million pounds. Annual premiums for Mercantile&.· On an annual premium of, say, £180.00 the credit charge per month works out at 90p.· Single premiums sales have since dwindled. Annual premium sales fell 24 percent.· Since then my annual premium has risen steadily, from £97.98 to £1793.45 in 1992 - a rise of 1700%.· Royal Bank currently generates C $ 335 million in annual premiums from the sale of creditor life and disability insurance.· Wheel clamps aren't on the list yet, but it's still worth asking for a few quid off your annual premium.· His solution was to come up with the first table of annual premiums based on life expectancy.
· On my car insurance I pay an extra premium for what is called no claim discount protection.· We try and look at the risk to see if it warrants an extra premium.
· Furthermore, the very frequency of legislative change caused a higher premium to be placed on the flexibility of any computer system.· For an age that put a high premium on human imagination, this was important.· By late last year, despite investing even higher premiums, the estimate had slipped to £550,000 - a substantial fall.· These networks put a high premium on education and formed a strong protective shield for those who had gone far from home.· In addition, older pensioners may get a slightly higher premium, marginally increasing their total weekly amount.· We have a very high premium on courtesy, politeness, observing the social graces.· Appropriate remedial action has been taken to secure higher premium levels on current business.· Other kinds of work, Taylor found over the years, demanded higher premiums.
· By comparison, an Equitable Life 10-year endowment policy, with monthly premiums of £30, would have produced about £8,399.· What is the monthly premium excluding all riders?· In fact, it is considerably less than the £2,548.26 that the policyholder has paid in the form of monthly premiums.· Choice of monthly premiums from your Bank current account or some types of Building Society account.· With each monthly premium, you acquire more units.· The values shown here are per £10 of monthly premium.· In addition, a lot of fund managers impose a minimum monthly premium, typically between £20 and £50.
· Capital Choice, a single premium bond.· Sales of single premium products dropped 8 percent to 2. 03 billion pounds.· The single premium life assurance market was, over the past two years, dominated by the with profit bond.· Before the price increase, the coffee cost of a single cup of premium was about 5 to 8.· About half of personal savings are channelled into these institutions via regular and single premium life assurance and pension payments.
· Dealers thought it might need a substantial premium.· It would put a substantial premium on smoothing out differences and working together to achieve the best environment for growing children.· Certainly a substantial premium has been paid to acquire the shares - but will this affect the minority interest?· The Marine account reported substantial premium growth following rating action.· Palatine shareholders are being offered a significant increase in capital value and income, plus a substantial premium over net asset value.· The Marine account continued to benefit from rating action and again reported substantial premium growth.· However, Merrill Lynch is running the risk of suffering a substantial loss if the market price holds on to any substantial premium.
VERB· The lender will also charge a premium for risks, perceived by the lender, surrounding the project and the borrower.· In this, insurers have to pool good and bad risks and charge a standard premium to all subscribers.· The amounts which may be charged to share premium account are determined by the requirements of companies legislation. 91.
· There are good positions, centres of traffic, which are thus of high value and can command high premiums.· In good times, properties in places such as Newton Ferrers, Sidmouth and Salcombe commanded a premium.· Was it really possible to command such a premium price that one could recover the extra investment?
· He would also be expected to pay a premium to put an end to the chaos.· Chief Executive Dietrich Karner said he expects premium income to rise nearly 2 percent this year.· He expects premium producers to raise their prices another 3 to 5 percent this year.· Several of them said they expect that insurance premiums will go down as the number of policyholders goes up.· Analysts had expected premium income, which is revenue before commissions, to be unchanged from 1994.
· A free holiday does not include optional insurance premium.· The most likely incremental reforms include insurance premium caps and price controls on hospitals, doctors and pharmaceuticals.· Next, the issue of whether the return on a futures contract includes a risk premium is examined.
· It would be necessary to increase the insurance premium.· We have been told that we will have to pay for these awards ourselves, through increased premiums.· The Congressional Budget Office estimates that full parity would increase premiums by 4 percent.· Your insurer may recommend increasing your premiums, but again, you should stand firm.· It now also includes politically daring proposals to increase premiums for the very highest income beneficiaries and raise the Medicare eligibility age.· This has had the effect of increasing the premiums paid by doctors for medical insurance.· You, the citizen, must pay for these awards in increased premiums, their advertisements say.
· Naturally, it is always our aim to keep our premium rates as competitive as possible.· Does she keep the insurance premiums up?· Intense competition in the market has kept premiums low.· For example, you may want to cover only part of the loan, in order to keep down premiums.
· A new Community Action programme will offer a £10 premium on top of benefits for up to 60,000 long-term jobless joining part-time voluntary work schemes.· Hagafen Cellars of the Napa Valley will offer a selection of premium kosher wines.· Some insurance companies, for example, have offered competitive premiums to older drivers who have a clean driving record.· But growing interest in high-quality food suggests that those offering a premium product can find a niche market.
· It operates via the regional electricity companies, which must pay a premium price for renewable energy.· The difference is that he would pay the total premium costs to Medicare and leave out Medigap.· In the next few years, consumers will be prepared to pay a small premium for real taste.· And with supply limited, buyers may face paying hefty premiums above the $ 38, 000 base price.· Until then, financial institutions had to pay a premium to obtain dollars from a restricted pool in order to invest finance overseas.· People sending live video, which is useless if delayed, might pay a premium to ensure instant delivery.
· Up and down hill fences pose problems for the horse by placing a premium on balance and impulsion.· When the top leader places that kind of premium on seamless communication and openness, it sets the tone for everyone.· Both personally, and in his political philosophy, Hobbes placed a high premium on peace and stability.· Barbara, as usual, seemed to be placing a premium on maintaining her composure.· This now places the highest premium on the individual player as the element most likely to win the tournament.
· A shortage of females puts an equivalent premium on daughters.· For an age that put a high premium on human imagination, this was important.· International book-building puts a premium on intermediaries' experience and ability to sell to 300-odd investing institutions around the world.· These networks put a high premium on education and formed a strong protective shield for those who had gone far from home.· And in fact, the isolation and weakness of the radical milieu put a premium upon commitment to an unqualified Utopia.· They were affluent, but they put absolutely no premium on education.· It would put a substantial premium on smoothing out differences and working together to achieve the best environment for growing children.· In my own garden, I put a premium on fresh greens.
· Neither can they raise premiums if an existing customer takes a test which proves to be positive.· He predicted that would be the fate of the proposal to raise premiums on higher-income elderly.· For the reasons outlined below, we have had to raise our Contents premiums in certain areas of the country.· Insurance companies raise premiums by up to 100 p.c. for holidays involving dangerous sports.· Both Sotheby'sand Christie's raised their buyer's premium rates.· There is to be no membership charge for the scheme, which will raise its revenue through premium telephone lines.
· But some questioned whether the insurance industry could be trusted to reduce premiums.
· The 100p represents a 21% premium on the closing price earlier in the week.· The $ 15 a share buyout represented a 50 % premium to the price.
· Invariably such products are sold at a premium price quite unjustified by the cost of their components.
· However, I can not help but be amazed by the failure to set logical premiums.· But insurers remain free to set premiums on the basis of several tests.
PHRASES FROM THE ENTRYPHRASES FROM OTHER ENTRIES
1[countable] the cost of insurance, especially the amount that you pay each year: - A less complimentary analysis might be that value was placed on this because intellectual stimulation was at a premium on that unit.
- Even in the midst of the current job crisis, some skills are at a premium.
- Space is at a premium in the back of a Warrior.
- The few remaining hermaphroditic mice are at a premium because only they can produce the sperm that the all-female mice still need.
- The mirrors would warp up; there would be odd folds and creases; clarity would be at a premium.
- With the combat units dispersed and the opposition extremely difficult to locate, good and timely intelligence was at a premium.
- Younger, unattached people were at a premium in Southland.
- Modern economies place a premium on educated workers.
- Barbara, as usual, seemed to be placing a premium on maintaining her composure.
- In my own garden, I put a premium on fresh greens.
- International book-building puts a premium on intermediaries' experience and ability to sell to 300-odd investing institutions around the world.
- Up and down hill fences pose problems for the horse by placing a premium on balance and impulsion.
- Because of the high cost of providing and gathering this information, Climbline would not exist were it not a premium rate service.
- Choice has not been considered in premium rate services.
- That is certainly true in the context of telecommunications and, more specifically, in premium rate services.
insurance premiums2[countable] an additional amount of money, above a standard rate or amount: Consumers are prepared to pay a premium for organically grown vegetables. Top quality cigars are being sold at a premium.3be at a premium if something is at a premium, people need it or want it, but there is little of it available or it is difficult to get: During the Olympic Games, accommodation will be at a premium.space/time is at a premium Foldaway furniture is the answer where space is at a premium.4put/place a premium on something to consider one quality or type of thing as being much more important than others: Modern economies place a premium on educated workers.5[uncountable] especially American English good quality petrolpremium1 nounpremium2 adjective
premiumpremium2 adjective EXAMPLES FROM OTHER DICTIONARIES
- premium-quality wine
- The cable company offers both standard and premium services.
COLLOCATIONS FROM THE ENTRY premium quality British potatoesCOLLOCATIONS FROM OTHER ENTRIES
premium quality British potatoes (=money that you pay regularly to an insurance company)· Your insurance premium is payable when you make your holiday booking.
PHRASES FROM THE ENTRYPHRASES FROM OTHER ENTRIES
1of very high quality: - Despite the premium rate, Mr Lowman claims that mortgage demand is still high at the moment.
- In return for premium service, such retailers charge premium prices.
- Insurance companies may collaborate in working out loss probabilities and this leads to uniformity in premium rates.
- Is he further aware that many industrialists believe that those high premium rates will cost us business and jobs?
- It operates via the regional electricity companies, which must pay a premium price for renewable energy.
- Most societies offer the cover with differing benefits, premium rates and periods allowed to make claims.
- Naturally, it is always our aim to keep our premium rates as competitive as possible.
- Worse, these disasters coincided with falling premium rates in almost every one of the market's businesses.
- Because of the high cost of providing and gathering this information, Climbline would not exist were it not a premium rate service.
- Choice has not been considered in premium rate services.
- That is certainly true in the context of telecommunications and, more specifically, in premium rate services.
premium ice cream the current consumer trend for premium products premium quality British potatoes2premium price/rate premium prices and rates are higher than usual ones: People are prepared to pay premium prices for quality products. Calls are charged at the premium rate of 60p per minute.