Adjective premium has 1 sense
  1. premium - having or reflecting superior quality or value; "premium gasoline at a premium price"
    Antonym:
    inferior (indirect, via superior)
,Noun premium has 3 senses
  1. premium, insurance premium - payment for insurance
    --1 is a kind of payment
  2. agio, agiotage, premium, exchange premium - a fee charged for exchanging currencies
    --2 is a kind of charge
  3. bounty, premium - payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
    --3 is a kind of reward
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