As nouns the difference between premium and lux
is that premium is a prize or award while lux is in the International System of Units, the derived unit of illuminance or illumination; one lumen per square metre. Symbol: lx.
As an adjective premium
is superior in quality; higher in price or value.
As a verb lux is
to put out of joint; to luxate.
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
lux
Etymology 1
From (etyl) (English light).
Noun
(lux)
In the International System of Units, the derived unit of illuminance or illumination; one lumen per square metre. Symbol: lx
Etymology 2
Compare (etyl) luxer. See luxate.
Verb
(
es)
(obsolete) To put out of joint; to luxate.
(
Webster 1913)
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