premium C1 Topic:Describing Qualities US /ˈpɹiː.miː.əm/ See IPA manual Freq #13658 Meanings 1 adj Of high quality and usually higher price. They only sell premium coffee beans. 2 noun An amount of money paid regularly for an insurance policy. Her monthly insurance premium went up this year. 3 noun An extra amount paid above the usual or normal price. Buyers paid a premium for homes near the water. Thesaurus Synonyms 2 noun · an amount of money paid... insurance premium Word family Forms premiums Common collocations insurance premium Noun + noun Etymology AI details From Latin praemium (“prize”). *h₁em- Proto-Indo-European View etymology graph -> Topics Describing Qualities Money & Finance External links Cambridge Dictionary Wiktionary Google Images # premium **Type:** Word **Level:** C1 **Part of speech:** adj, noun **IPA (US):** /ˈpɹiː.miː.əm/ **Frequency rank:** 13658 ## Meanings 1. Of high quality and usually higher price. 2. An amount of money paid regularly for an insurance policy. 3. An extra amount paid above the usual or normal price. ## Examples - They only sell premium coffee beans. - Her monthly insurance premium went up this year. - Buyers paid a premium for homes near the water. ## Roots and Affixes - Root: *h₁em- ## Etymology From Latin praemium (“prize”). ## AI Etymology Premium comes from Latin praemium (“prize”). The historical chain includes *h₁em- (Proto-Indo-European). In present use it covers of high quality and usually higher price, an amount of money paid regularly for an insurance policy, and an extra amount paid above the usual or normal price. ## Topics - Describing Qualities - Money & Finance markdown