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premium

Pronunciation: /ˈpriːmiəm/

Translation of premium in Spanish:

noun/nombre

[Finance]
  • 1.1
    (insurance premium)
    prima (feminine) de seguro
    1.2 (surcharge) recargo (masculine) to put a premium on sth hacer* hincapié en algo, darle* mucha importancia a algo Victorian furniture sells at a premium these days hoy en día los muebles victorianos están muy cotizados to be at a premium (in short supply) escasear (lit: above par) estar* por encima de la par when time is at a premium cuando el tiempo apremia
    Example sentences
    • An indemnity bond is a premium charged by the lender and paid by the customer to insure the lender against a default in mortgage repayments by the borrower.
    • Employers in the restaurant, bar and tourist trade have been particularly vocal in querying the provisions on tips, weekend premiums and service charges.
    • Managers want to pay as small a premium to the market price as possible.
    1.3 (bonus) prima (feminine)
    Example sentences
    • Much of the increase in the wage premium for education and skills is due to technological change that has increased demand for highly educated workers.
    • American workers who use computers command a wage premium of 15% over workers who do not.
    • In other words, the wage premium earned by the highly skilled is increasing.

adjective/adjetivo

  • (before noun/delante del nombre) de primera, de alta calidad premium grade gasoline (American English/inglés norteamericano) gasolina (feminine) or (Andes) bencina (feminine) or (River Plate area/Río de la Plata) nafta (feminine) súper premium price/rate precio (masculine) elevado premium product producto (masculine) de superior calidad

Definition of premium in:

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Cultural fact of the day

Sherry is produced in an area of chalky soil known as albariza lying between the towns of Puerto de Santa María, Sanlúcar de Barrameda, and Jerez de la Frontera in Cádiz province. It is from Jerez that sherry takes its English name. Sherries, made from grape varieties including Palomino and Pedro Ximénez, are drunk worldwide as an aperitif, and in Spain as an accompaniment to tapas. The styles of jerez vary from the pale fino and manzanilla to the darker aromatic oloroso and amontillado.