Premium vs. Premia — What's the Difference?

An amount to be paid for a contract of insurance.

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.

A sum added to an ordinary price or charge

Plural of premium

Something given as a reward, prize, or incentive

An amount paid or required, often as an installment payment, for an insurance policy.

An amount paid to obtain a loan.

An interest payment, usually on a regular basis, on a loan.

A sum of money or bonus paid in addition to a regular price, salary, or other amount

The amount at which something, such as a security or a currency, is valued above its initial or nominal price.

The amount at which a securities option is bought or sold.

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

A prize or award.

An unusual or high value

(Archaic) Payment for training in a trade or profession.

Of superior quality or value

Superior in quality; higher in price or value.

(automotive) High-end; belonging to the market segment between mid-market and luxury.

A prize or award.

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

A bonus paid in addition to normal payments.

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

An unusually high value.

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

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.

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

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

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.

Payment for insurance

A fee charged for exchanging currencies

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

Having or reflecting superior quality or value;