Premium
What you pay for insurance, usually every month or every year.
In the news
How “premium” came up in recent issues.
- Oct 23Tech stocks slid on AI spending worries, and phones cost more
“Spotify said its monthly users grew 11% from a year ago, and about 306 million of them pay for Premium.”
Practice it
Learn the bigger idea
Related words
- Deductible
- The amount you pay yourself before your insurance starts paying.
- Emergency fund
- Money set aside only for surprises, like a car repair or a lost job. A common goal is three to six months of expenses, built up over time.
Test yourself in Word sprint · All money words
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