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Premium vs Executive - What's the difference?

premium | executive |

As adjectives the difference between premium and executive

is that premium is superior in quality; higher in price or value while executive is designed or fitted for execution, or carrying into effect.

As nouns the difference between premium and executive

is that premium is a prize or award while executive is a title of a chief officer or administrator, especially one who can make significant decisions on her/his own authority.

premium

English

(wikipedia premium)

Alternative forms

* (archaic)

Adjective

(-)
  • Superior in quality; higher in price or value.

    • Noun

    (en-noun)
  • A prize or award.
  • Something offered at a reduced price as an inducement to buy something else.
  • A bonus paid in addition to normal payments.
  • The amount to be paid for an insurance policy.
  • An unusually high value.
  • (finance) The amount by which a security's value exceeds its face value.

    • Usage notes

    * (term) is much less common than (premiums), accounting for less than 1% of total usage in US (COCA) and 4% in UK (BNC).

    Antonyms

    * (finance) discount

    Derived terms

    (Terms derived from the adjective or noun "premium") * at a premium * buyer's premium * premium bond * premium outlet

    executive

    English

    Adjective

    (en adjective)
  • Designed or fitted for execution, or carrying into effect.
  • Of, pertaining to, or having responsibility for the day-to-day running of an organisation, business, country, etc.; as, an executive act, an executive officer, executive government.

    • Noun

    (en noun)
  • A title of a chief officer or administrator, especially one who can make significant decisions on her/his own authority.
  • That branch of government which is responsible for enforcing laws and judicial decisions, and for the day-to-day administration of the state.

    • Derived terms

    * chief executive * chief executive officer, CEO * executive branch * executive committee * executive committees * executive director * executive ego function * executive ego functions * executive mansion * executive officer * executive order * executive producer * executive producers * executive summaries * executive summary * executively * executives