Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “premium”

premium

noun
 
 
/ˈpriːmiəm/
PAYMENT [C] an amount of money you pay for insurance (= payments for an accident or illness): How much is the monthly premium?InsuranceFinancial investments and the stock market
HIGH RATE [C] an amount or rate that is higher than average: You pay a premium for apartments in the city centre.Big and quite bigEnormous
be at a premium If something useful is at a premium, there is not enough of it: Time is at a premium just before the start of exams.Scarce, inadequate and not enoughLacking thingsImportanceUseful or advantageous
place/put a premium on sth to consider a quality or achievement as very important: She puts a premium on honesty.ImportanceUseful or advantageous
(Definition of premium noun from the Cambridge Learners Dictionary © Cambridge University Press)
Add Cambridge dictionaries to your browser to your website

More Learner's Dictionary definitions for “premium”

Definitions of “premium” in other dictionaries

Word of the Day

from the word go

from the start of something

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More