Premium vs Exorbitant - What's the difference?
premium | exorbitant |
Superior in quality; higher in price or value.
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.
exceeding proper limits; extravagant; excessive or unduly high.
*
As a noun premium
is bonus (extra amount of money given as a premium).As an adjective exorbitant is
exceeding proper limits; extravagant; excessive or unduly high.premium
English
(wikipedia premium)Alternative forms
* (archaic)Adjective
(-)Noun
(en-noun)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) discountDerived terms
(Terms derived from the adjective or noun "premium") * at a premium * buyer's premium * premium bond * premium outletexorbitant
English
Adjective
(en adjective)- It's a nice car, but they are charging an exorbitant price for it.
- You also have to pay exorbitant interest if you have credit card debt.