Definitions
having or reflecting superior quality or value; having a higher price or cost
Word origin
From Latin praemium (“prize”).
Used in a sentence
“At first I wrote it off to the simpler protocols of grandparenthood, with its premium on uncomplicated gestures of generosity and love.”
“(Of course, if an insured dies during the grace period, the unpaid annual premium or instalment thereof is past due and therefore is deducted from the death benefit.)”
“Notice that these premia would exist even in a world of risk-neutral lenders if there were identifiable classes of nonrepaying borrowers.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer1 curated clues
01“Extra charge or high-grade”7 letters
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