Overview

premium


Show Summary Details

Quick Reference

1 The price paid for an insurance policy. This may be a monthly or annual payment, or it is possible to take out a single-premium policy by a lump-sum payment.

2 A share price higher than the issue price. A share traded at a price higher than its issue price stands at a premium.

3 An addition to interest rates required to compensate lenders for risk. See also risk premium.

Subjects: Economics.


Reference entries

See all related reference entries in Oxford Index »


Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.