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{%type%} Definitions

WordNet 3.0Copyright Princeton University
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Short "hint"

A prize offered to give an added reason for buying or doing something. Also: A payment made for an insurance policy.

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Usage examples (30)
  • In the past, many have balked at paying a premium for an environmentally conscious blend of petroleum and renewable, biodegradable fuel . . .
  • Registering domains for the sole purpose of reselling at a premium is a common problem on the internet.
  • They paid a premium for access to water
  • premium gasoline at a premium price
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