1. premium - noun
· payment for insurance
Synonym(s): insurance_premium
Hypernym(s): payment
2. premium - noun
· the amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water"
Hypernym(s): value, economic_value
3. premium - noun
· a fee charged for exchanging currencies
Synonym(s): agio, agiotage, exchange_premium
Hypernym(s): charge
4. premium - noun
· a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; "they encouraged customers with a premium for loyal patronage"
Hypernym(s): bonus, incentive, prize, award
5. premium - noun
· payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
Synonym(s): bounty
Hypernym(s): reward
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