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premium noun
Meaning : The amount that something in scarce supply is valued above its nominal value.
Example :
They paid a premium for access to water.
Meaning : A fee charged for exchanging currencies.
Synonyms : agio, agiotage, exchange premium
Meaning : A prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc..
Example :
They encouraged customers with a premium for loyal patronage.
Meaning : Payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military.
Synonyms : bounty
premium adjective
Meaning : Having or reflecting superior quality or value.
Example :
Premium gasoline at a premium price.
Premium meaning in Bengali (Bangla).