Definition

Referring to something that is of higher quality or value than the standard, often at a higher price.

Example

This brand offers premium coffee that is richer in flavor.

Conversation

Have you tried that new coffee shop downtown?

Not yet, but I heard they serve premium coffee.

Yeah, I think it's worth the price for such premium quality.

For sure! I love treating myself to good coffee sometimes.

Synonyms & Antonyms

Definition

An extra amount of money paid on top of a regular price or salary, often as a reward or incentive.

Example

The company offered a premium for employees who met their sales targets.

Conversation

Did you hear about the new membership that offers a premium experience?

Yeah, I heard it comes with some awesome benefits!

I think paying a little extra for a premium service is worth it sometimes.

Root Explanation

Premium → It originates from Latin 'praemium' (meaning reward or prize). The word 'premium' refers to something of superior quality or a reward for excellence.

Memory Tip

Think of 'praemium' as a 'reward' — that's why 'premium' means something that is of higher quality or a special reward.

Visually Confused Words