Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “premium”

See all translations

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

piglet

a baby pig

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More