premium vs administration

premium and administration both are nouns.

Word	Noun	Adjective	Verb	Adverb
premium	Yes	Yes	No	No
administration	Yes	No	No	No

premium (noun)	administration (noun)
the amount that something in scarce supply is valued above its nominal value	a method of tending to or managing the affairs of some group of people (especially the group's business affairs)
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military	the act of administering medication
payment for insurance	the act of meting out justice according to the law
a fee charged for exchanging currencies	the act of governing; exercising authority
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.	the persons (or committees or departments etc.) who make up a body for the purpose of administering something
	the tenure of a president

premium (adjective)	administration (adjective)
having or reflecting superior quality or value; having a higher price or cost