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premium vs prize

prize vs premium

premium and prize both are nouns.

premium and prize both are adjectives.

premium is not a verb while prize is a verb.

Word NounAdjectiveVerbAdverb
premium Yes Yes No No
prize Yes Yes Yes No
As nouns, prize is a hypernym of premium; that is, prize is a word with a broader meaning than premium:
  • premium: a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
  • prize: something given for victory or superiority in a contest or competition or for winning a lottery
Other hypernyms of premium include award, bonus, incentive.
premium (noun) prize (noun)
the amount that something in scarce supply is valued above its nominal value something given as a token of victory
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military something given for victory or superiority in a contest or competition or for winning a lottery
payment for insurance goods or money obtained illegally
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.
premium (adjective) prize (adjective)
having or reflecting superior quality or value; having a higher price or cost of superior grade
premium (verb) prize (verb)
regard highly; think much of
to move or force, especially in an effort to get something open
hold dear
Difference between premium and prize

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