premium
1
4.8
- noun
- /ˈpriːmiəm/
- With a history of national and state debate championships, Pace puts a premium on communication and presentation skills.
- offer a premium
Examples
-
In times of war, contractors were often paid a premium to produce weapons and supplies.
Academic text (1999) -
For example, each country has a Confucian social base that puts a premium on education.
Academic text (1992) -
Some environmentally conscious consumers may be willing to pay a premium for sustainably harvested rainforest products.
Academic text (1993) -
If you complete the project ahead of schedule, you will receive a premium for your efforts.
-
The winning contestant will earn a premium in recognition of their outstanding performance.
-
As an incentive, the manager offered a premium to employees who exceeded their sales targets.
Synonyms
891
1.0
An award given for winning a competition or achievement
630
1.3
Something given to a person to thank them for doing something good
374
3.9
A thing that makes a person want to do something, often a reward
254
2.2
A company pays extra money to an employee for good work
153
5.5
A payment given for doing something such as catching a criminal
121
3.5
An extra benefit you get at a job, like free lunch
62
3.2
A free item given to people to promote a product or event
48
3.4
An amount of money paid to someone as a reward, compensation, or winnings
29
2.3
Money given to winners of a competition
1
9.9
A thing given to someone for service or achievement
1
5.0
A payment returned to customers as a reward
Compounds
38
3.9
Regular payment you make to a company to keep your cover for loss and damage
1
4.0
A bank account that gives extra services and benefits for a fee or for customers who meet requirements
- UK
1
6.8
A government savings plan that pays no interest but gives a chance to win money in monthly draws
How Valuable
Surface Forms
Etymology
Premium comes from the Latin praemium, meaning 'reward' or 'prize', so a premium can be a bonus or small reward you get for doing something.