Premium — Meaning, Definition & Synonyms

noun adjective /ˈprē-mē-əm/ pre·mi·um

Meaning & Definition of Premium

Premium (noun)

  1. a reward or recompense for a particular act
  2. a sum over and above a regular price paid chiefly as an inducement or incentive
  3. a sum in advance of or in addition to the nominal value of something

Premium (adjective)

  1. of exceptional quality or amount; also, higher-priced

Premium (noun) — Senses, Synonyms & Antonyms

  1. something given in recognition of achievement

    "encouraging Girl Scouts to sell more cookies by offering premiums"

    similar: accolade, award, blue ribbon, decoration, distinction, honor, kudo, plume, prize
    related: badge, crown, cup, laurel, medal, order, plaque, plate, ribbon, trophy, applause, bravo, encomium, eulogy, hallelujah, homage, paean, panegyric, plaudit, tribute, citation, commendation, compliment, honorable mention

Premium (adjective) — Senses, Synonyms & Antonyms

  1. commanding a large price

    "lavish feasts at which premium wines flowed freely"

    similar: big-ticket, costly, dear, expensive, extravagant, high, high-end, high-ticket, precious, priceless, pricey, spendy (chiefly Northwest), ultraexpensive, valuable
    related: exorbitant, overpriced, prohibitive, sky-high, steep, stiff, unaffordable, uneconomic, unreasonable, inestimable, invaluable, deluxe, luxurious, sumptuous
    opposite: cheap, inexpensive
    near: moderate, reasonable, valueless, worthless, discounted

Synonyms, Thesaurus & Another Word for Premium

The most common words with a similar meaning to Premium:

Chiefly Northwest: spendy
accolade, award, blue ribbon, decoration, distinction, honor, kudo, plume, prize, big-ticket, costly, dear, expensive, extravagant, high, high-end, high-ticket, precious, priceless, pricey, ultraexpensive, valuable

Antonyms & Opposite Words for Premium

Words with the opposite meaning of Premium:

cheap, inexpensive

Related Words for Premium

badge, crown, cup, laurel, medal, order, plaque, plate, ribbon, trophy, applause, bravo, encomium, eulogy, hallelujah, homage, paean, panegyric, plaudit, tribute, citation, commendation, compliment, honorable mention, exorbitant, overpriced, prohibitive, sky-high, steep, stiff

Near Antonyms of Premium

moderate, reasonable, valueless, worthless, discounted

Origin & Etymology of Premium

Latin praemium booty, profit, reward, from prae- + emere to take, buy redeem

First known use: 1601

Vocabulary Lists & Topics for Premium

Words & Phrases Containing Premium

at a premium, put/place a premium on, time is at a premium

Frequently Asked Questions about Premium

What does "Premium" mean?

"Premium" means a reward or recompense for a particular act. As an a noun and an adjective, it is defined as: a reward or recompense for a particular act. It has 2 distinct senses.

What is another word for "Premium"?

Other words for "Premium" include accolade, award, blue ribbon, decoration, distinction, honor, kudo and plume. The best synonym depends on which meaning of "Premium" you intend.

What are different ways to say "Premium"?

There are 61 words and phrases with a similar meaning to "Premium". Common alternatives include accolade, award, blue ribbon, decoration, distinction, honor, kudo, plume, prize and big-ticket.

What is the opposite of "Premium"?

Antonyms of "Premium" include cheap and inexpensive. Near antonyms include moderate, reasonable, valueless and worthless.

How do you use "Premium" in a sentence?

Examples of "Premium" in a sentence: "encouraging Girl Scouts to sell more cookies by offering premiums"; "lavish feasts at which premium wines flowed freely".

Is "Premium" a noun, verb, or adjective?

"Premium" can be used as a noun and an adjective, depending on the context.

Is "Premium" useful for IELTS, TOEFL, and other English exams?

As a C1-level word, "Premium" is typical of Cambridge C1 Advanced (CAE), IELTS band 7.0–8.0, TOEFL iBT 95–113, PTE Academic 76–84, TOEIC Listening & Reading 945+. Advanced words like this are also useful for the GRE, SAT, GMAT, and LSAT.

How do you pronounce "Premium"?

"Premium" is pronounced /ˈprē-mē-əm/ and divided into syllables as pre·mi·um.