2 entries found for premium.
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Main Entry: 1pre·mi·um
Pronunciation: pr-m-m
Function: noun
Etymology: Latin praemium "booty, profit, reward," from prae- "before" + emere "to take, buy" 1 a: a reward for an act b: a sum over and above a regular or stated price c: something given free or at a lower price with the purchase of a product or service 2: the amount paid for a contract of insurance 3: a high or extra value <put a premium on accuracy>