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Search Results for 'premium'
premium noun 1 an amount paid, usually annually, on an insurance agreement. 2 an extra sum added to wages or to interest. 3 a prize. 4 as adj finest; exceptional • premium quality. be at a premium to be scarce and greatly in demand. put a premium on something to attach special importance to it.
ETYMOLOGY: 17c: from Latin praemium reward.
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