adjective, noun common · everyday

premium

PREE-mee-uhm pree·mee·uhm 3 syllables

Superior in quality; higher in price or value.

Word facts

Part of speech adjective, noun
Syllables 3
Letters 7
Scrabble® points 13
Starts with P
Level common
Usage everyday

Definition of Premium

High-end; belonging to the market segment between mid-market and luxury.

Example sentences

  1. The store offered a premium selection of organic produce at a higher price.

  2. Customers were willing to pay premium prices for handcrafted goods.

Using Premium well

A closer look at how premium is used — meaning in plain English, how close synonyms differ, and examples at different levels.

Meaning in everyday English

Of higher quality or value than the standard, and usually costing more.

When to use it

Use 'premium' to signal a top tier of quality, service, or price above the ordinary version. It is especially common in marketing and pricing, so use it honestly to avoid sounding like empty hype.

Common context

Common in product marketing, subscription tiers, pricing pages, and descriptions of upscale goods and services.

Watch out

'Premium' as an adjective (high quality) is different from the noun 'premium' meaning a payment or surcharge, as in an insurance premium or paying 'a premium' for something.

Synonyms by tone or intensity
high-end
similar but plainer; describes the top of a market range without the pricing overtone
luxury
stronger — implies indulgence and prestige, not just above-average quality
deluxe
marketing flavor; suggests extra features or comfort, sometimes lightly dated
superior
a direct quality comparison ('superior to') rather than a tier or price label
top-tier
casual and ranking-focused; stresses being at the highest level
Antonyms by tone
basic
the neutral entry-level opposite, common in product tiers
standard
the ordinary default version, with no negative judgment
budget
emphasizes low price, sometimes hinting at lower quality
economy
focuses on cost-saving, common with travel and packaging
Examples by level
  • Beginner This is the premium version, so it costs a little more.
  • In writing The brand built its reputation on premium materials and quietly kept its prices high.
  • Advanced Investors were willing to pay a premium for shares in a company they believed dominated a premium market.
Memory tip

Link 'premium' to 'prime' — both start with 'pri-/pre-' and point to top quality.

Synonyms for Premium

agiobountyagiotageexchange premiuminsurance premiumsuperior

Words that rhyme with Premium

freemiumsuperpremium

Find more rhymes for premium

Try Premium in the word tools

Browse words near Premium

Explore more words that start with the letter P in Word Explorer, or use the A-Z browser to discover other vocabulary starting from any letter.

FAQ

Questions people ask

What does premium mean?

Superior in quality; higher in price or value. It is an adjective.

How many syllables does premium have?

Premium has 3 syllables: pree·mee·uhm. The word is broken into 3 spoken beats.

What part of speech is premium?

Premium is used as an adjective. As a noun, it names a thing, idea, or concept.

What are synonyms for premium?

Words with similar meanings to premium include agio, bounty, agiotage, exchange premium. The best synonym depends on the exact context you are writing or reading in.

How do you use premium in a sentence?

Example: "The store offered a premium selection of organic produce at a higher price."