Premium – Meaning, Definition, Synonyms, and Antonyms

Premium is used as an “Noun” in the English grammar.

Meaning:

Premium refers to something of superior quality, higher price, or extra charge. It can also refer to a reward or additional payment for a service or product.

Definition:

Something of superior quality or higher value, often priced higher than average.

Example Sentences:

He paid a premium for the VIP ticket to the concert.
The company offers premium services for clients willing to pay extra.
They bought a premium insurance plan to ensure better coverage.

Premium Synonyms:

Superior
High-quality
Luxury
Exclusive
Top-tier

Premium Antonyms:

Basic
Standard
Cheap
Inferior
Low-quality

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