説明中心

premium

[ˈpriːmiəm]

premium Definition

  • 1an amount paid for an insurance policy
  • 2a high or extra quality
  • 3an amount to be paid for a product or service above the regular price

Using premium: Examples

Take a moment to familiarize yourself with how "premium" can be used in various situations through the following examples!

  • Example

    The premium for this car insurance policy is quite high.

  • Example

    This brand is known for its premium quality products.

  • Example

    The premium for the VIP package includes exclusive access to the lounge.

  • Example

    The premium for organic produce is often higher than non-organic.

premium Synonyms and Antonyms

Synonyms for premium

Antonyms for premium

Idioms Using premium

  • at a higher than usual price or value

    Example

    During the pandemic, hand sanitizers were sold at a premium due to high demand.

  • to consider something as very important and valuable

    Example

    This company puts a premium on employee satisfaction and well-being.

  • an emphasis or importance placed on something

    Example

    There is a premium on punctuality in this workplace.

Phrases with premium

  • to pay more than the usual or expected price for something

    Example

    I had to pay a premium for the concert tickets because they were sold out.

  • a higher than normal interest rate charged on a loan or credit

    Example

    The bank offered me a loan with a premium rate due to my low credit score.

  • a brand that is known for its high quality and luxury products

    Example

    This store only carries premium brands like Gucci and Prada.

Origins of premium

from Latin 'praemium', meaning 'reward'

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Summary: premium in Brief

The term 'premium' [ˈpriːmiəm] refers to an amount paid for an insurance policy, high or extra quality, or an amount to be paid for a product or service above the regular price. It can describe a brand or product, such as 'This brand is known for its premium quality products,' or a payment, such as 'The premium for this car insurance policy is quite high.' 'Premium' also appears in idioms like 'at a premium,' denoting a higher than usual price or value, and 'put a premium on something,' emphasizing importance.

How do native speakers use this expression?