payment vs insurance premium
insurance premium vs paymentpayment and insurance premium both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| payment | Yes | No | No | No |
| insurance premium | Yes | No | No | No |
As nouns,
insurance premium is a hyponym of
payment; that is, insurance premium is a
word with a more specific, narrower meaning than
payment:
- payment: a sum of money paid or a claim discharged
- insurance premium: payment for insurance
Other hyponyms of payment include
royalty, bonus, incentive, overpayment, underpayment, subscription, regular payment, blood money, recompense, refund, conscience money, support payment, reward, bribe, payoff, residual, benefit, lump sum, final payment, payoff, remission, remitment, remittal, remittance, quittance, repayment, token payment, penalty, pittance, premium, installment, deposit, down payment, satisfaction, credit, deferred payment, cash, immediate payment.
| payment (noun) | insurance premium (noun) |
|---|---|
| the act of paying money | payment for insurance |
| an act of requiting; returning in kind | |
| a sum of money paid or a claim discharged |
Words related to "payment"
- amortisation
- amortization
- benefit
- blood money
- bonus
- bribe
- cash
- commerce
- commercialism
- conscience money
- cost
- credit
- deferred payment
- defrayal
- defrayment
- deposit
- disbursal
- disbursement
- down payment
- fee splitting
- final payment
- getting even
- immediate payment
- incentive
- installment
- insurance premium
- lump sum
- mercantilism
- nonpayment
- outlay
- overpayment
- pay
- paying back
- payoff
- penalty
- pittance
- premium
- prepayment
- quittance
- ransom
- recompense
- refund
- regular payment
- remission
- remitment
- remittal
- remittance
- remuneration
- rendering
- repayment
- requital
- residual
- return
- reward
- royalty
- satisfaction
- spending
- subscription
- support payment
- token payment
- tribute
- underpayment
Words related to "insurance premium"
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