premium
Is it a Scrabble word? See definition, points, and words you can make.
Is premium a Scrabble word?
Word Games
- Scrabble US/Canada (OTCWL) Yes
- Scrabble UK (SOWPODS) Yes
- Wordle No
- Words With Friends Yes
What is the meaning of premium?
Definition
adj (English)
1. (automotive) High-end; belonging to the market segment between mid-market and luxury.
noun (English)
1. (insurance) The amount to be paid for an insurance policy.Examples: "(Of course, if an insured dies during the grace period, the unpaid annual premium or instalment thereof is past due and therefore is deducted from the death benefit.)"; "Notice that these premia would exist even in a world of risk-neutral lenders if there were identifiable classes of nonrepaying borrowers."; "When a process of proverse selection has run its course, a disproportionate number of high-risk insureds will remain in the former classification, which will prompt an increase in the premiums charged in order to cover the higher losses."
2. (finance) The amount by which a security's value exceeds its face value.Antonyms: discount
Definition source: Wiktionary