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Standard vs Premium - What's the difference?

standard | premium |

As nouns the difference between standard and premium

is that standard is a principle or example or measure used for comparison while premium is a prize or award.

As adjectives the difference between standard and premium

is that standard is falling within an accepted range of size, amount, power, quality, etc while premium is superior in quality; higher in price or value.

standard

English

Noun

(en noun)
  • A principle or example or measure used for comparison.
  • # A level of quality or attainment.
  • #*
  • , title=(The Celebrity), chapter=8 , passage=The humor of my proposition appealed more strongly to Miss Trevor than I had looked for, and from that time forward she became her old self again;
  • # Something used as a measure for comparative evaluations; a model.
  • #* (Jonathan Swift) (1667–1745)
  • the court, which used to be the standard of property and correctness of speech
  • #* (Edmund Burke) (1729-1797)
  • A disposition to preserve, and an ability to improve, taken together, would be my standard of a statesman.
  • # A musical work of established popularity.
  • # A rule or set of rules or requirements which are widely agreed upon or imposed by government.
  • # The proportion of weights of fine metal and alloy established for coinage.
  • #* (John Arbuthnot) (1667-1735)
  • By the present standard of the coinage, sixty-two shillings is coined out of one pound weight of silver.
  • # A bottle of wine containing 0.750 liters of fluid.
  • A vertical pole with something at its apex.
  • # An object supported in an upright position, such as a .
  • #* {{quote-book, year=1963, author=(Margery Allingham)
  • , chapter=Foreword, title= The China Governess , passage=β€˜It was called the wickedest street in London and the entrance was just here. I imagine the mouth of the road lay between this lamp standard and the second from the next down there.’}}
  • # The flag or ensign carried by a military unit.
  • #* Fairfax
  • His armies, in the following day, / On those fair plains their standards proud display.
  • # One of the upright members that supports the horizontal axis of a transit or theodolite.
  • # Any upright support, such as one of the poles of a scaffold.
  • # A tree of natural size supported by its own stem, and not dwarfed by grafting on the stock of a smaller species nor trained upon a wall or trellis.
  • #* Sir W. Temple
  • In France part of their gardens is laid out for flowers, others for fruits; some standards , some against walls.
  • # The sheth of a plough.
  • A manual transmission vehicle.
  • (botany) The upper petal or banner of a papilionaceous corolla.
  • (shipbuilding) An inverted knee timber placed upon the deck instead of beneath it, with its vertical branch turned upward from that which lies horizontally.
  • A large drinking cup.
  • (Greene)

    Adjective

    (en adjective)
  • Falling within an accepted range of size, amount, power, quality, etc.
  • (of a tree or shrub) Growing on an erect stem of full height.
  • Having recognized excellence or authority.
  • standard''' works in history; '''standard authors
  • Of a usable or serviceable grade or quality.
  • (not comparable, of a motor vehicle) Having a manual transmission.
  • As normally supplied (not optional).
  • Antonyms

    * nonstandard

    Derived terms

    * bog standard * gold standard * double standard * standard-bearer * standard fare * standard gauge * standard lamp * standard language * Standard Model * standard of living * standard poodle * standard time * standard transmission * standard deviation * time standard

    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