How to use premium in a sentence. An extra payment added to the basic rate An amount that is more than usual
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An amount of money paid to get insurance
$0 for 1 month, then $11.99 per month after
A premium is a sum of money that you pay regularly to an insurance company for an insurance policy. An amount paid or required, often as an installment payment, for an insurance policy An amount paid to obtain a loan An interest payment, usually on a regular basis, on a loan
There are nine meanings listed in oed's entry for the word premium See ‘meaning & use’ for definitions, usage, and quotation evidence. Premium (plural premiums or premia) a prize or award Something offered at a reduced price as an inducement to buy something else
A bonus paid in addition to normal.
An amount paid or required, often as an installment payment, for an insurance policy. A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. See examples of premium used in a. Premium an amount of money that you pay once or regularly for an insurance policy
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