1.Definition: a fee charged for exchanging currencies

Related Noun(s):agio, agiotage

Category: General

2.Definition: 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"

Category: General

3.Definition: payment for insurance

Category: General

4.Definition: payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military

Related Noun(s):bounty

Category: General

5.Definition: the amount that something in scarce supply is valued above its nominal value

"They paid a premium for access to water"

Category: General