incentive vs premium
premium vs incentiveincentive and premium both are nouns.
incentive is not an adjective while premium is an adjective.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| incentive | Yes | No | No | No |
| premium | Yes | Yes | No | No |
As nouns,
premium is a hyponym of
incentive; that is, premium is a
word with a more specific, narrower meaning than
incentive:
- incentive: an additional payment (or other remuneration) to employees as a means of increasing output
- premium: a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
| incentive (noun) | premium (noun) |
|---|---|
| a positive motivational influence | the amount that something in scarce supply is valued above its nominal value |
| an additional payment (or other remuneration) to employees as a means of increasing output | payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military |
| payment for insurance | |
| a fee charged for exchanging currencies | |
| a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. |
| incentive (adjective) | premium (adjective) |
|---|---|
| having or reflecting superior quality or value; having a higher price or cost |
Words related to "incentive"
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