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premium vs value

value vs premium

premium and value both are nouns.

premium is an adjective but value is not an adjective.

premium is not a verb while value is a verb.

Word NounAdjectiveVerbAdverb
premium Yes Yes No No
value Yes No Yes No
As nouns, value is a hypernym of premium; that is, value is a word with a broader meaning than premium:
  • premium: the amount that something in scarce supply is valued above its nominal value
  • value: the amount (of money or goods or services) that is considered to be a fair equivalent for something else
Other hypernyms of premium include economic value.
premium (noun) value (noun)
the amount that something in scarce supply is valued above its nominal value the quality (positive or negative) that renders something desirable or valuable
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military relative darkness or lightness of a color
payment for insurance a numerical quantity measured or assigned or computed
a fee charged for exchanging currencies an ideal accepted by some individual or group
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc. the amount (of money or goods or services) that is considered to be a fair equivalent for something else
(music) the relative duration of a musical note
premium (adjective) value (adjective)
having or reflecting superior quality or value; having a higher price or cost
premium (verb) value (verb)
evaluate or estimate the nature, quality, ability, extent, or significance of
regard highly; think much of
estimate the value of
fix or determine the value of; assign a value to
hold dear
Difference between premium and value

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