From Longman Dictionary of Contemporary Englishpremiumpre‧mi‧um1 /ˈpriːmiəm/ ●○○ noun
Examples from the Corpus
premium• Premium costs around $1.35 a gallon.• Yields also were lowered on the noncallable serial bonds due in 2013-2016, which were priced at a premium.• Farmers are being offered a premium for organically grown vegetables.• Risk of unexpected changes in default premium.• For an age that put a high premium on human imagination, this was important.• That being the case, the company had been taking his premiums without assuming any actual risk.• We pay over $1200 in annual car insurance premiums.• Businessure is aimed at businesses with a turnover of up to £1m and generally involving premiums of up to £5,000 perannum.• Neither can they raise premiums if an existing customer takes a test which proves to be positive.• Private motor business remains very competitive but it has been necessary to apply further selective premium increases.• Let the self-correcting nature of automation strain to find the optima which let only the premium through.sold at a premium• Invariably such products are sold at a premium price quite unjustified by the cost of their components.Examples from the Corpus
premium• premium-quality wine• The cable company offers both standard and premium services.premium quality• Could it be that the high prices are justified by premium quality?• The group's core business is premium quality alcoholic beverages.• Gin is produced by the rectification of neutral spirits with premium quality botanicals in traditional copper pot stills.From Longman Business DictionaryOrigin premium1