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Premium vs Carat - What's the difference?

premium | carat |

As a noun premium

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

As a verb carat is

.

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

    carat

    English

    Alternative forms

    * (unit of purity) karat (North America)

    Noun

    (en noun)
  • A unit of weight for precious stones and pearls, equivalent to 200 milligrams.
  • Formerly, any of several units of weight, varying from 189 to 212 mg, the weight of a carob seed.
  • A measure of the purity of gold, pure gold being 24 carats.

    • External links

    * ("carat" on Wikipedia) ----