Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “premium”

premium

noun [C] (PAYMENT)   /ˈpri·mi·əm/
an amount of money paid at regular times to insure (= protect against risk) your health or life, or your home or possessions: That could mean higher Medicare premiums for retirees.
(Definition of premium noun (PAYMENT) from the Cambridge Academic Content Dictionary © Cambridge University Press)
Focus on the pronunciation of premium

More American English definitions for “premium”

Definitions of “premium” in other dictionaries

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More