English noun: premium |
1. | premium (possession) payment for insurance |
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| Synonyms | insurance premium |
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| Broader (hypernym) | payment |
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2. | premium (possession) the amount that something in scarce supply is valued above its nominal value |
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| Samples | They paid a premium for access to water.
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| Broader (hypernym) | economic value, value |
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3. | premium (possession) a fee charged for exchanging currencies |
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| Synonyms | agio, agiotage, exchange premium |
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| Broader (hypernym) | charge |
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4. | premium (possession) a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. |
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| Samples | They encouraged customers with a premium for loyal patronage.
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| Broader (hypernym) | award, bonus, incentive, prize |
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5. | premium (possession) payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military |
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| Synonyms | bounty |
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| Broader (hypernym) | reward |
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| Domain category | administration, governance, governing, government, government activity |
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