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Definitions from the Web

Premium

Definition:

Premium refers to something that is of superior quality or has a higher value compared to similar things. It can also describe an amount of money paid for an insurance policy or a higher price paid for a product or service.

Parts of Speech:

• Adjective: She bought a premium car for her husband's birthday.
• Noun: The company offers a price premium for its high-end products.

Senses:

1. Being superior in quality or value
• Example sentence: The premium materials used in the construction of this watch make it highly durable.
2. An amount of money paid for an insurance policy
• Example sentence: The annual premium for his car insurance was quite costly.
3. A higher price paid for a product or service
• Example sentence: Customers are willing to pay a premium for organic food products.

Related Products:

You can search for related products on Amazon:

• Premium Cars
• Premium Watches
• Premium Insurance Policies
• Premium Organic Food