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premiums

Pronunciation: [ˈpriːmiəmz]

Word

Learn how to use premiums in a sentence: 9 audio examples across 3 meanings.

Context: “finance”

(noun) the amount of money paid for an insurance policy. It's like paying for protection in case something goes wrong.

Example

Every month, I pay my health insurance premiums on time.

Example

I couldn't afford to pay the premiums, so I had to drop my insurance.

Example

How much are your car insurance premiums each month?

Context: “market”

(noun) an extra amount of money paid for something, often to make it more appealing. It's like giving a little more to get a better product.

Example

I decided to pay a premium for the organic fruits because they taste better.

Example

There was no need to pay a premium for the regular snacks; they were just as good.

Example

Is it worth it to pay a premium for the special edition of the book?

Context: “rewards”

(noun) a bonus or an extra reward that someone gets, like a gift or special treatment for doing something well.

Example

The employees received premiums for their hard work this year.

Example

Even after all her efforts, she didn’t receive any premiums for her contributions.

Example

What kind of premiums can we earn for reaching our sales goals?

How to pronounce premiums

Pronunciation: [ˈpriːmiəmz]

Listen and repeat as many times as you need.

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