Premium
volume
British pronunciation/pɹˈiːmi‍əm/
American pronunciation/ˈpɹimiəm/

Definition & Meaning of "premium"

premium
01

having superior quality or value

premium definition and meaning
Premium
01

the amount of money paid to an insurance company in exchange for coverage or protection against specified risks or potential losses

02

the amount that something in scarce supply is valued above its nominal value

03

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

04

a fee charged for exchanging currencies

05

a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.

06

a superior or exclusive level of quality, features, or benefits associated with a product, service, or experience

example
Example
examples
The airline's premium cabin featured spacious seating, gourmet meals, and priority boarding for an enhanced travel experience.
The fashion designer's premium line featured couture pieces, intricate detailing, and limited-edition designs for discerning clientele.
The premium art gallery showcased works by renowned artists, with a focus on rare and premium pieces.
The premium brand of chocolate was celebrated for its rich, velvety texture and exquisite flavor profiles.
The premium leather used in the luxury car's interior added an extra level of sophistication and comfort.
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