Premium

Adjective

 * 1) Superior in quality; higher in price or value.

Noun

 * 1) A prize or award.
 * 2) Something offered at a reduced price as an inducement to buy something else.
 * 3) A bonus paid in addition to normal payments.
 * 4) The amount to be paid for an insurance policy.
 * 5) An unusually high value.
 * 6)  The amount by which a security's value exceeds its face value.

Thesaurus
Trinkgeld, abatement, agio, allowance, appreciation, at a premium, award, bait, bank discount, bank rate, bonus, bonus system, bounty, breakage, bribe, carrot, cash discount, chain discount, charge-off, come-on, compensatory interest, compound interest, concession, consideration, costly, cut, dear, dear-bought, decoration, deduction, depreciation, discount, discount rate, dividend, donative, double time, drawback, exceptional, exorbitant interest, expensive, extra, extra added attraction, extra dash, fancy, fee, filigree, filling, fillip, flourish, freebie, frill, fringe benefit, goad, gratuity, gravy, grease, gross interest, guerdon, high, high-priced, honorarium, importance, in short supply, incentive, incentive pay, incitement, inducement, interest, interest rate, kickback, lagniappe, largess, liberality, lucrative interest, lure, luxurious, meed, mortgage points, net interest, not affordable, of great cost, ornament, overtime pay, padding, palm oil, penal interest, penalty, penalty clause, percentage, perks, perquisite, perquisites, plum, pourboire, price, price of money, price reduction, price-cut, pricey, prize, rare, rate, rate of interest, rebate, rebatement, reduction, refund, regard, reward, rich, rollback, salvage, salve, scant, scanty, scarce, setoff, simple interest, solatium, something extra, sparse, sportula, spur, steep, stiff, stimulus, stock, store, stuffing, sumptuous, superaddition, sweetener, tare, time discount, tip, top, trade discount, tret, trimming, twist, underselling, unpayable, usury, value, wrinkle, write-off

Alternative forms

 * præmium

Antonyms

 * discount

Derived terms

 * at a premium
 * buyer's premium


 * premium bond
 * premium outlet