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Joseph says his products are priced 10-20% above organic versions, but depending on the product chosen, compared to non-organic conventional yogurt, consumers could pay a premium of 30-50%. The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence. Define premium. premium synonyms, premium pronunciation, premium translation, English dictionary definition of premium. n. 1. An amount paid or required, often as an installment payment, for an. That shift, in turn, place an unprecedented premium on "knowledge workers", a new class of wealthy, educated, and mobile people who view themselves as free agents in a seller's market. PREMIUM definition: a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc. See examples of premium used in a sentence.
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