- 1an amount of money that you pay once or regularly for an insurance policy a monthly premium of $11.50 Thesauruspayment
- premium
- contribution
- subscription
- repayment
- deposit
- installments
- payment an amount of money that you pay or are expected to pay; the act of paying:ten monthly payments of $50 payment in advance
- premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual:an insurance premium a premium for express delivery
- contribution a sum of money that you pay regularly, often to your employer or the government, for benefits such as health insurance, a retirement plan, etc:You can increase your monthly contributions to your savings account.
- subscription an amount of money you pay in advance to receive regular copies of a newspaper or magazine, or to receive a service:a subscription to “Newsweek”
- repayment money that you pay to a bank, etc. until you have returned all the money that you owe; the act of paying this money:to set up a repayment plan
- deposit an amount of money that you pay as the first part of a larger payment; money that you put into a bank account:We've put down a 5% deposit on the house. I made a $500 deposit into my checking account.
- installments one of a number of payments that you make regularly over a period of time until you have paid for something:We paid for the car by/in installments.
- (a/an) annual/monthly/regular payment/premium/contributions/subscription/deposit/installments
- payment/repayment in full
- to pay a premium/a contribution/a subscription fee/a deposit/installments
- to make (a) payment/deposit
- to meet/keep up (with) (the) payment(s)/the premiums
- 2an extra payment added to the basic rate You have to pay a high premium for express delivery. A premium of 10% is paid out after 20 years. He was willing to pay a premium for a house near the ocean.
- 1if something is at a premium, there is little of it available and it is difficult to get Space is at a premium in a one-bedroom apartment.
- 2at a higher than normal price Shares are selling at a premium.
to think that someone or something is particularly important or valuable The company places a high premium on initiative.
Check pronunciation: premium