- (n.) A sum of money paid to underwriters for insurance or for undertaking to indemnify for losses of any kind.
- (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.
- (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.
- (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.
Webster's Revised Unabridged Dictionary
| APA | Webster's. (2011). premium. Retrieved September 21, 2026, from http://smartdefine.org/premium/definitions/2048707 |
| Chicago | Webster's. 2011. "premium" http://smartdefine.org/premium/definitions/2048707 (accessed September 21, 2026). |
| Harvard | Webster's 2011, premium, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/premium/definitions/2048707>. |
| MLA | Webster's. "premium" 27 May 2011. Web. 21 September 2026. <http://smartdefine.org/premium/definitions/2048707> |