premium

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

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

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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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a fee charged for exchanging currencies

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

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

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