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premium vs reward

reward vs premium

premium and reward both are nouns.

premium is an adjective but reward is not an adjective.

premium is not a verb while reward is a verb.

Word NounAdjectiveVerbAdverb
premium Yes Yes No No
reward Yes No Yes No
As nouns, reward is a hypernym of premium; that is, reward is a word with a broader meaning than premium:
  • premium: payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
  • reward: payment made in return for a service rendered
premium (noun) reward (noun)
the amount that something in scarce supply is valued above its nominal value an act performed to strengthen approved behavior
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military benefit resulting from some event or action
payment for insurance the offer of money for helping to find a criminal or for returning lost property
a fee charged for exchanging currencies a recompense for worthy acts or retribution for wrongdoing
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. payment made in return for a service rendered
premium (adjective) reward (adjective)
having or reflecting superior quality or value; having a higher price or cost
premium (verb) reward (verb)
strengthen and support with rewards
act or give recompense in recognition of someone's behavior or actions
bestow honor or rewards upon
Difference between premium and reward

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