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Optimal vs Premium - What's the difference?

optimal | premium |

As an adjective optimal

is the best, most favourable or desirable, especially under some restriction.

As a noun premium is

bonus (extra amount of money given as a premium).

optimal

English

Adjective

(-)
  • The best, most favourable or desirable, especially under some restriction.
    • Finding the optimal balance between features and price is a common problem.
  • # (artificial intelligence) Describing a search algorithm that always returns the best result.

    • Synonyms

    * best, ideal

    Related terms

    * opt * option * optional * optionable * optimality * optimise, optimize * optimism * optimist * optimistic * optimum * suboptimal

    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