premium
Longman Dictionary of Contemporary English 5++LDOCE 5++
Examples from the Corpus
premium• Premium costs around $1.35 a gallon.• Yields also were lowered on the noncallable serial bonds due in 2013-2016, which were priced at a premium.• Farmers are being offered a premium for organically grown vegetables.• Risk of unexpected changes in default premium.• For an age that put a high premium on human imagination, this was important.• That being the case, the company had been taking his premiums without assuming any actual risk.• We pay over $1200 in annual car insurance premiums.• Businessure is aimed at businesses with a turnover of up to £1m and generally involving premiums of up to £5,000 perannum.• Neither can they raise premiums if an existing customer takes a test which proves to be positive.• Private motor business remains very competitive but it has been necessary to apply further selective premium increases.• Let the self-correcting nature of automation strain to find the optima which let only the premium through.sold at a premium• Invariably such products are sold at a premium price quite unjustified by the cost of their components.Examples from the Corpus
premium• premium-quality wine• The cable company offers both standard and premium services.premium quality• Could it be that the high prices are justified by premium quality?• The group's core business is premium quality alcoholic beverages.• Gin is produced by the rectification of neutral spirits with premium quality botanicals in traditional copper pot stills.From Longman Business DictionaryOrigin premium1 pre·mi·um1 nounpremium2 adjectiveChineseSyllable
the of Corpus amount insurance, especially the Business cost
premium
pre‧mi‧um1 /ˈpriːmiəm/ 
noun
insurance premiums
2. [countable] an additional amount of money, above a standard rate or amount:
Consumers are prepared to pay a premium for organically grown vegetables.
Top quality cigars are being sold at a premium.
3. be at a premium if something is at a premium, people need it or want it, but there is little of it available or it is difficult to get:
During the Olympic Games, accommodation will be at a premium.
space/time is at a premium
Foldaway furniture is the answer where space is at a premium.
4. put/place a premium on something to consider one quality or type of thing as being much more important than others:
Modern economies place a premium on educated workers.
5. [uncountable] especially American English good quality petrol
▪ payment an amount of money that you pay for something, especially when it is only one part of the total amount you have to pay: They have a monthly car payment of £220.
▪instalment British English, installment American English a regular payment you make to pay back money that you have borrowed or to pay for things that you have already received: I borrowed $2,000, which was to be paid back in monthly installments of $250.
▪deposit (also down payment ) part of the cost of something that you pay before you get it, so that it will not be sold to anyone else: They used the money they inherited as a down payment on a house. | The hotel asks for a $20 deposit to reserve a room.
▪subscription an amount of money you pay, usually once a year, to receive copies of a newspaper or magazine: A subscription to the magazine is $52 a year.
▪tip a small amount of money that you give someone, for example a waitress or taxi driver, in addition to paying for a service they have given you: I usually leave a 10% tip.
▪premium the amount you pay for insurance each year: your monthly life insurance premiums
premium2 adjective
1. of very high quality:
premium ice cream
the current consumer trend for premium products
premium quality British potatoes
2. premium price/rate premium prices and rates are higher than usual ones:
People are prepared to pay premium prices for quality products.
Calls are charged at the premium rate of 60p per minute.
| I |
noun Date: 1600-1700
Language: Latin
Origin: praemium 'profit, reward', from emere 'to take, buy'
1. [countable] the cost of insurance, especially the amount that you pay each year:Language: Latin
Origin: praemium 'profit, reward', from emere 'to take, buy'
2. [countable] an additional amount of money, above a standard rate or amount:
3. be at a premium if something is at a premium, people need it or want it, but there is little of it available or it is difficult to get:
space/time is at a premium
4. put/place a premium on something to consider one quality or type of thing as being much more important than others:
5. [uncountable] especially American English good quality petrol
| THESAURUS |
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| II |
adjective1. of very high quality:
2. premium price/rate premium prices and rates are higher than usual ones:
payment an amount of money that you pay or are expected to pay; the act of paying 指款额、款项、付款 ：◆ ten monthly payments of $50 每月付款 50 美元，十次付清 ◆ payment in advance 预先付款 premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual 指保险费、额外费用、附加费、溢价 ：◆ an insurance premium 保险费 ◆ a premium for express delivery 快递附加费 contribution a sum of money that you pay regularly to your employer or the government in order to pay for benefits such as health insurance, a pension, etc. 指（给雇主或政府用作医疗保险、养老金等福利的）定期缴款 ：◆ You can increase your monthly contributions to the pension plan. 你可以增加你的养老金计划每月供款。 subscription an amount of money you pay in advance to receive regular copies of a newspaper or magazine or to receive a service 指（报刊、杂志的）订阅费、订购款，（服务的）用户费 ：◆ a subscription to 'Newsweek' 《新闻周刊》的订阅费 repayment ( an amount of money that you pay regularly to a bank, etc. until you have returned all the money that you owe; the act of paying this moneyBrE 指按期偿还的款项、分期偿还额、偿还债务、归还借款 ：◆ the repayments on the loan 贷款的分期偿还额 deposit an amount of money that you pay as the first part of a larger payment 指订金 ：◆ We've put down a 5% deposit on the house. 我们已支付了房款的 5% 作为订金。 instalment one of a number of payments that you make regularly over a period of time until you have paid for sth 指分期付款的一期付款 ：◆ We paid for the car by/in instalments. 我们以分期付款买了这辆车。
Patterns
(a/an) annual/monthly/regular payment/premium/contributions/subscription/repayment/deposit/instalmentpayment/repayment in full to pay a(n) premium/contribution/subscription/deposit/instalmentto make a payment/repayment/depositto meet/keep up (with) (the) payment(s)/the premiums/(the) repayment(s)/the instalments
