noun a sum added to an ordinary price or charge
adjective superior in quality; higher in price or value
In finance, premium can refer to the amount paid above the face value of a security, such as a bond or stock. This premium is often paid to compensate investors for taking on additional risk.
Premium refers to the amount of money that an individual or business pays for an insurance policy. The premium is typically paid on a regular basis, such as monthly or annually, in exchange for coverage against specified risks.
In marketing, premium can refer to a product or service that is of higher quality or price compared to standard offerings. Premium products are often marketed as luxury or exclusive items that command a higher price.
Premium streaming services offer ad-free viewing, higher video quality, and exclusive content for a higher subscription fee. Users who want a premium viewing experience may opt for these services.
Premium subscription services offer additional features or content beyond what is included in a standard subscription. Users pay a premium price to access these enhanced features.
In the publishing industry, premium content may refer to articles or books that are only available to subscribers or paying customers.
Some psychologists offer premium services such as extended sessions or personalized treatment plans for clients willing to pay extra.
Premium pricing strategies are commonly used by marketing specialists to position products as high-quality and exclusive.
Premium investment options may be offered by financial advisors to clients with larger portfolios or higher risk tolerances.
Premium software features are often reserved for paid versions of applications, offering additional functionality or support.
Premium fashion brands are known for their high-quality materials, craftsmanship, and exclusive designs.
Premium travel packages may include luxury accommodations, private tours, and personalized concierge services.
Some fitness trainers offer premium workout programs or one-on-one training sessions for clients seeking personalized attention and faster results.
Premium property listings may include luxury homes, waterfront properties, or exclusive developments.
Premium dining experiences may be offered by chefs through private events, tasting menus, or exclusive pop-up restaurants.