Premiums Synonyms & Definitions

Synonyms are words that have the same or almost the same meaning and the definition is the detailed explanation of the word. This page will help you out finding the Definition & Synonyms of hundreds of words mentioned on this page. Check out the page and learn more about the English vocabulary.

• PremiumsDefinition & Meaning in English

1. (pl. ) of Premium

• PremiumDefinition & Meaning in English

1. (n.) A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
2. (n.) A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.
3. (n.) A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
4. (n.) Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital.