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Definitions of premium:
  • noun:   payment for insurance
  • noun:   payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
  • noun:   a fee charged for exchanging currencies
  • adjective:   having or reflecting superior quality or value
    Example: "Premium gasoline at a premium price"

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See premium used in context: 3 rhymes, several books and articles.

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