Definition of "premium" []

• A prize or award. (noun)
• Something offered free or at a reduced price as an inducement to buy something else. (noun)
• A sum of money or bonus paid in addition to a regular price, salary, or other amount. (noun)
• The amount paid, often in addition to the interest, to obtain a loan. (noun)
• The amount paid or payable, often in installments, for an insurance policy. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Bear in mind that we do not give a premium or open an account for less than _two_ subscriptions (one of which, however, may be your own); but, _after the account is opened_, you may add one subscription at a time if you choose -- never omitting to state in your letter _that it is to go to your credit for a premium_."
• "Now, the GOP prefers the term "premium support" for voucher because "voucher" carries a negative connotation."
• "The term "premium online video" has often been used to refer to programming produced by Hollywood studios and programmers, but premium is now increasingly being defined by the marketer and by the viewer, said online video ad experts during the Beet."