Definition of premiums

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  • premiums is a valid Scrabble US word with a point value of 14
  • premiums is a valid Scrabble UK word with a point value of 14
  • premiums is a valid Words with friends word with a point value of 18

Definition of premiums

  • payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military (noun)

    Synonyms

    1. bounty
  • payment for insurance (noun)

    Synonyms

    1. insurance premium
  • a fee charged for exchanging currencies (noun)

    Synonyms

    1. agio
    2. agiotage
    3. exchange premium
  • a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. (noun)

    Examples

    1. they encouraged customers with a premium for loyal patronage
  • having or reflecting superior quality or value (adjective)

    Examples

    1. premium gasoline at a premium price
  • the amount that something in scarce supply is valued above its nominal value (noun)

    Examples

    1. they paid a premium for access to water

See definition of premiums in Merriam Webster