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premium - definition and synonyms

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noun [countable]     premium pronunciation in American English
Word Forms
  1. 1
    an amount of money that you pay regularly for an insurance policy

    Your monthly premium will be $50.

    Insurance premiums will increase again next year.

  2. 2
    an amount of money paid in addition to the usual amount

    Customers are required to pay a premium for this cable package.

  3. 3
    business the amount by which the price of a share is higher than its original price
  4. 4
    something offered for free or at a reduced price in order to get someone to buy something else
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a combination of a hotdog and a hamburger in a specially designed bread bun

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patio diplomacy

high-level diplomats meeting and dining in an informal environment e.g. a party or club

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