Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun premium

5 senses of premium

Sense 1
premium, insurance premium -- (payment for insurance)
       => payment -- (a sum of money paid or a claim discharged)

Sense 2
premium -- (the amount that something in scarce supply is valued above its nominal value; "they paid a premium for access to water")
       => value, economic value -- (the amount (of money or goods or services) that is considered to be a fair equivalent for something else; "he tried to estimate the value of the produce at normal prices")

Sense 3
agio, agiotage, premium, exchange premium -- (a fee charged for exchanging currencies)
       => charge -- (the price charged for some article or service; "the admission charge")

Sense 4
premium -- (a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.; "they encouraged customers with a premium for loyal patronage")
       => bonus, incentive -- (an additional payment (or other remuneration) to employees as a means of increasing output)
       => prize, award -- (something given for victory or superiority in a contest or competition or for winning a lottery; "the prize was a free trip to Europe")

Sense 5
bounty, premium -- (payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military)
       => reward -- (payment made in return for a service rendered)

Antonyms of adj premium

1 sense of premium

Sense 1
premium -- (having or reflecting superior quality or value; "premium gasoline at a premium price")

INDIRECT (VIA superior) -> inferior -- (of low or inferior quality)

Similarity of adj premium

1 sense of premium

Sense 1
premium -- (having or reflecting superior quality or value; "premium gasoline at a premium price")
       => superior (vs. inferior) -- (of high or superior quality or performance; "superior wisdom derived from experience"; "superior math students")