premiums (Meaning)
premiums
the difference between the face value or par value of a security and its market price when the latter is greater compare discount, higher-priced, the consideration paid for a contract of insurance, a reward for an act, something given free or at a reduced price with the purchase of a product or service, a high value or a value in excess of that normally or usually expected, something given free or at a lower price with the purchase of a product or service, the price paid for an insurance contract equal to the cost per unit times the number of units, a sum over and above a regular price paid chiefly as an inducement or incentive, of exceptional quality or amount, a reward or recompense for a particular act, the amount paid for a contract of insurance, a sum over and above a regular or stated price, of high quality, value, or price, a high or extra value, a sum in advance of or in addition to the nominal value of something
Synonyms & Antonyms of premiums
Synonyms:
FAQs About the word premiums
the difference between the face value or par value of a security and its market price when the latter is greater compare discount, higher-priced, the consider
prizes, accolades, honors,awards,decorations, kudos, trophies, plumes, distinctions, blue ribbons
No antonyms found.
The auto insurance company's premiums have increased due to recent accidents in the area.
Health insurance premiums are often higher for individuals with pre-existing conditions.
Credit card companies charge premiums for certain features, such as rewards points and travel insurance.
The bond market is seeing a rise in premiums as investors seek safety amid economic uncertainty.
