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premium - definition and synonyms

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

    Your monthly premium will be £36.

    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 service.

  3. 3
    business the amount by which the price of a share is higher than its original price


a lifestyle focussing on simple pleasures such as comfort and cosiness in the home, and spending time with friends and family

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a form of location that involves the underwater detonation of a bomb which causes sound waves that are picked up by ships

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