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Premium vs Advanced - What's the difference?

premium | advanced |

As adjectives the difference between premium and advanced

is that premium is superior in quality; higher in price or value while advanced is (at or close to state of the art)At or close to the state of the art.

As a noun premium

is a prize or award.

As a verb advanced is

past tense of advance.

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

    advanced

    English

    Verb

    (head)
  • (advance)
  • Adjective

    (en adjective)
  • (senseid)At or close to the state of the art.
  • Enhanced.
  • Having moved forward in time or space (e.g. advanced ignition timing).
  • * Hawthorne
  • a gentleman advanced in years, with a hard experience written in his wrinkles
  • In a late stage of development; greatly developed beyond an initial stage.
  • (phonetics) Pronounced farther to the front of the vocal tract.
  • Synonyms

    * progressive, professional, sophisticated

    Derived terms

    * advanced degree * advanced green

    See also

    * cutting edge * groundbreaking