1) The price paid for an insurance policy. This may be a monthly or annual payment, or it is possible to take out a single-premium policy by a lump-sum payment.

2) A share price higher than the issue price. A share traded at a price higher than its issue price stands at a premium.

3) An addition to interest rates required to compensate lenders for risk. See risk premium.

4) A suggestion of superior quality, as in premium petrol.

5) A premium bond is a UK government security offering monthly prizes instead of interest.

• consistent preferences
• consolidated accounts
• Consols
• consortium
• conspicuous consumption
• constant
• constant elasticity of substitution
• constant of integration
• constant prices
• constant returns
• constrained maximum
• constrained minimum
• constraint
• consultant
• consumer
• consumer behaviour
• consumer borrowing
• consumer choice
• consumer confidence
• consumer credit
• consumer debt
• consumer durables
• consumer expenditure
• consumer goods
• consumerism