premiums
Meanings
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meaning 1: an additional amount paid, especially for insurance or to buy a property.
- "I will have to pay a premium for this insurance policy."
- "The seller is asking for a premium on this property due to its prime location."
Antonyms
discount
Rhymes
Words rhyming with premiumspremises , remuneration , commemoration
Homophones
Words having the same pronunciation but different meanings, origins, or spelling,-
premiums () : A group of people who pay a premium to receive certain benefits, such as insurance coverage or membership to an exclusive club.
Variants
List of all variants of premiums that leads to same resultpremia , premium , premiums
Etymology
origin and the way in which meanings have changed throughout history.From Old French 'premium' meaning 'beforehand' or 'in advance'. It came to be used in English to refer to an additional amount paid, especially for insurance or to buy a property.
Trivia
Any details, considerations, events or pieces of information regarding the word-
{"question"=>"Which famous philosopher wrote extensively about the concept of a premium?", "answer"=>"While it's an interesting question, unfortunately, there's no definitive answer. The concept of a premium is a widely used term in various fields, such as insurance, finance, and economics. While there have been many philosophers and thinkers who have written extensively about various aspects of the concept of a premium, there's no single philosopher who can be definitively said to have written extensively about the concept of a premium in the way that, for example, Immanuel Kant is known to have written extensively about various aspects of ethics, or how John Locke is known to have written extensively about various aspects of political theory and natural rights."}
How to Memorize "premiums"
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visualize
- To memorize premiums, try to visualize the following scenario: Imagine a large jar labeled 'Premiums'. The jar is filled with various coins, notes, and other forms of payment that represent the premiums paid by individuals or groups for various benefits, such as insurance coverage or membership to an exclusive club.
Memorize "premiums" using Dictozo
The best and recommended way to memorize premiums is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.