premium
🇺🇸
/ˈpriːmiəm/
🇬🇧
/ˈpriːmiəm/
noun
C1
Money paid for insurance coverage
The monthly premium for car insurance is $50.
C1
An extra charge added to the normal price
There is a premium for faster shipping service.
adjective
R
High quality or more expensive than usual
Premium gasoline costs more but gives better performance.
translation
Money paid for insurance coverage; An extra charge added to the normal price
High quality or more expensive than usual
Word Forms
Plural
premiums