DictionarypremiumSuperior quality
adjective / noun

premium

An enhanced level of quality or benefit beyond the usual standard.

The gift wrapping adds a premium benefit beyond the ordinary purchase of the bowl.

A shopper pays an extra amount for gift wrapping: beside an unwrapped ceramic bowl and its matching gift-wrapped counterpart, she slides a small additional stack of coins toward the shop clerk, separate from the larger payment for the bowl.
Etymology

Latin praemium means reward or prize. Premium applies that extra-value idea to a level of quality or benefit above the ordinary offering.

More examples

  • Buyers pay a premium for homes near the park.
  • The store offers a tote bag as a premium with each membership.
  • She upgrades to premium for extra storage and offline access.

Forms

premium · premiums

Similar words

deluxe
Emphasizes luxurious features rather than any improvement over standard.
enhanced
Describes specific improvements without necessarily implying a higher-priced tier.