Longman Dictionary of Contemporary English homepage

premium

2 adjective
     
premium2
1 of very high quality:
premium ice cream
the current consumer trend for premium products
premium quality British potatoes
2

premium price/rate

premium prices and rates are higher than usual ones:
People are prepared to pay premium prices for quality products.
Calls are charged at the premium rate of 60p per minute.
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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