American Dictionary

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Definition premium in American English

premium adjective

adjective
/ˈprimiəm/
1

more expensive or of higher quality than other similar things

Example

premium brands of champagne

Example

premium octane gasoline

Example

premium rate phone calls

Synonyms and related words
2

premium prices are higher than usual

Example

People are willing to pay premium prices for quality products.

Synonyms and related words
Definition premium in American English