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Longman Dictionary English

From Longman Dictionary of Contemporary Englishpremium price/ratepremium price/ratepremium prices and rates are higher than usual ones People are prepared to pay premium prices for quality products. Calls are charged at the premium rate of 60p per minute. → premium
Examples from the Corpus
premium price/rate• In return for premium service, such retailers charge premium prices.• Insurance companies may collaborate in working out loss probabilities and this leads to uniformity in premium rates.• Most societies offer the cover with differing benefits, premium rates and periods allowed to make claims.• Naturally, it is always our aim to keep our premium rates as competitive as possible.• It operates via the regional electricity companies, which must pay a premium price for renewable energy.• Worse, these disasters coincided with falling premium rates in almost every one of the market's businesses.• Despite the premium rate, Mr Lowman claims that mortgage demand is still high at the moment.• Is he further aware that many industrialists believe that those high premium rates will cost us business and jobs?
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May 11, 2025

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noun ˈkændl
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