PREMIUM


Meaning of PREMIUM in English

transcription, транскрипция: [ pri:miəm ]

( premiums)

Frequency: The word is one of the 3000 most common words in English.

1.

A premium is a sum of money that you pay regularly to an insurance company for an insurance policy.

It is too early to say whether insurance premiums will be affected.

N-COUNT

2.

A premium is a sum of money that you have to pay for something in addition to the normal cost.

Even if customers want ‘solutions’, most are not willing to pay a premium for them...

Callers are charged a premium rate of 48p a minute.

N-COUNT : usu sing , oft N n

3.

Premium goods are of a higher than usual quality and are often expensive.

...the most popular premium ice cream in this country.

= luxury

ADJ : ADJ n

4.

If something is at a premium , it is wanted or needed, but is difficult to get or achieve.

If space is at a premium, choose adaptable furniture that won’t fill the room.

= scarce

PHRASE : usu v-link PHR

5.

If you buy or sell something at a premium , you buy or sell it at a higher price than usual, for example because it is in short supply.

He eventually sold the shares back to the bank at a premium.

PHRASE : PHR after v

6.

If you place a high premium on a quality or characteristic or put a high premium on it, you regard it as very important.

I place a high premium on what someone is like as a person...

PHRASE : V inflects , PHR n

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.