premium
uk/ˈpriːmiəm/ usan amount of money that is more than usual:
We're willing to pay a premium for the best location.
attract/command a premium BMW, Mercedes, Volvo, and even Volkswagen have usually commanded a premium because they are seen as stylish.
HR, WORKPLACE
→ premium pay
INSURANCE
→ insurance premium
See also
share premium
at a premium
at a high price or a higher price than might be expected:
We made 2.20 a share this year, and are trading at a premium on the S&P 500.
at a premium to sth Investors had bid up the bank's shares in recent weeks, because they thought a bigger bank might buy the company at a premium to the current stock price.
put a premium on sth
to consider something to be very important or valuable:
The busy shopper puts a premium on finding everything in one big store.
See also
option premium
premium
uk/ˈpriːmiəm/ usof very high quality:
The premium package also provides higher screen resolution.
All high street banks offer some sort of "premium banking service" to wealthier customers.
very high, or higher than usual:
Experts advise businesses to switch to producing quality goods, which will be desirable to customers even at a premium price.