What Is Premium PREMIUM definition 1 an amount that is more than usual 2 an amount of money paid to get insurance 3 the highest Learn more
The meaning of PREMIUM is a reward or recompense for a particular act How to use premium in a sentence Definition Premium is an amount paid periodically to the insurer by the insured for covering his risk Description In an insurance contract the risk is transferred from the insured to the insurer For taking this risk the insurer charges an amount called the premium
What Is Premium
What Is Premium
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EMIRATES PREMIUM ECONOMY Ultra Long Haul On The BRAND NEW A380 From
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Of higher price or cost to work in premium sales at an unusually high price Housing in that area is at a premium see at a premium put a premium on See bonus Examples have not been An amount of money that you pay once or regularly for an insurance policy You can increase your monthly contributions to the pension plan an extra payment added to the basic rate You have to pay a high premium for express delivery A premium of 10 per cent is paid out after 20 years He was willing to pay a premium for a house near the sea
An amount paid or required often as an installment payment for an insurance policy 2 a An amount paid to obtain a loan b An interest payment usually on a regular basis on a loan 3 A sum of money or bonus paid in addition to a regular price salary or other amount Many people are willing to pay a premium to live near the ocean 4 a Premium meaning definition what is premium the cost of insurance especially the am Learn more
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In finance and investing a premium refers to the amount by which the price or value of a security asset or financial instrument exceeds some reference value 1 day ago nbsp 0183 32 Premium is a term that carries various meanings in finance each related to paying above and beyond some intrinsic value or perceived future worth In this section we will answer frequently asked questions about premiums providing context on the different types of premiums and their significance in the world of finance 1
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Insurance Premium Definition Types Examples Calculator
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