Meaning of “premium-rate” in the English Dictionary

"premium-rate" in British English

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(Definition of “premium-rate” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"premium rate" in Business English

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premium ratenoun [ C ]

uk us UK COMMUNICATIONS

a higher rate that a phone company charges customers for special phone numbers:

Anyone who wants to respond can dial at premium rate of around £1.50 a minute and leave a message.
premium-rate
adjective [ before noun ] also premium rate

The are contactable 12 hours a day, seven days a week by calling a premium-rate number.

(Definition of “premium rate” from the Cambridge Business English Dictionary © Cambridge University Press)