Premium vs. Premia

Premiumadjective

Superior in quality; higher in price or value.

Premia

Premia (Walser German: Saley) is a comune (municipality) in the Province of Verbano-Cusio-Ossola in the Italian region Piedmont, located about 140 kilometres (87 mi) northeast of Turin and about 40 kilometres (25 mi) northwest of Verbania, on the border with Switzerland. As of 31 December 2004, it had a population of 607 and an area of 88.7 square kilometres (34.2 sq mi).Premia borders the following municipalities: Baceno, Bosco/Gurin (Switzerland), Campo (Vallemaggia) (Switzerland), Crodo, Formazza, Montecrestese.

Premiumadjective

(automotive) near-luxury, high-end; Pertaining to the market segment between mid-market and luxury market.

Premiumnoun

A prize or award.

Premiumnoun

Something offered at a reduced price as an inducement to buy something else.

Premiumnoun

A bonus paid in addition to normal payments.

Premiumnoun

(insurance) The amount to be paid for an insurance policy.

Premiumnoun

An unusually high value.

Premiumnoun

(finance) The amount by which a security's value exceeds its face value.

Premiumnoun

A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc.

‘To think it not the necessity, but the premium and privilege of life, to eat and sleep without any regard to glory.’; ‘The law that obliges parishes to support the poor offers a premium for the encouragement of idleness.’;

Premiumnoun

Something offered or given for the loan of money; bonus; - sometimes synonymous with interest, but generally signifying a sum in addition to the capital.

‘People were tempted to lend, by great premiums and large interest.’;

Premiumnoun

A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.

Premiumnoun

A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.

Premiumnoun

payment for insurance

Premiumnoun

a fee charged for exchanging currencies

Premiumnoun

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

Premiumadjective

having or reflecting superior quality or value;

‘premium gasoline at a premium price’;

Premiumnoun

an amount to be paid for a contract of insurance.

Premiumnoun

a sum added to an ordinary price or charge

‘customers are reluctant to pay a premium for organic fruit’;

Premiumnoun

a sum added to interest or wages; a bonus.

Premiumnoun

relating to or denoting a commodity of superior quality and therefore a higher price

‘premium lagers’;

Premiumnoun

the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents

‘the shares jumped to a 70 per cent premium on the first day’;

Premiumnoun

something given as a reward, prize, or incentive

‘the Society of Arts awarded him a premium’;