premium has definitions from the field of business
1
[ noun ] (business) payment for insurance

Used in print

([Anonymous,] "The Attack on Employee Services"...)

When did you last compare your present premium costs with the costs of insurance from other sources ?

Related terms

payment

2
[ adjective ] having or reflecting superior quality or value

Examples

"premium gasoline at a premium price"

Used in print

(John R. Sargent, "Where To Aim Your Planning for Bigger...)

If you have a higher quality product , how can you make it stand_out - justify its premium price - without the spoken word ?

Related terms

superior

3
[ noun ] (business) a fee charged for exchanging currencies

Related terms

charge

4
[ noun ] (business) payment or reward (esp from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

Synonyms

bounty

Related terms

reward government

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