payment for insurance

[ Syn: insurance premium ]

the amount that something in scarce supply is valued above its nominal value; they paid a premium for access to water'

a fee charged for exchanging currencies

[ Syn: agio , agiotage , exchange premium ]

a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; they encouraged customers with a premium for loyal patronage'

payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

[ Syn: bounty ]

having or reflecting superior quality or value; premium gasoline at a premium price'