rate of premium
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premium rate — UK US noun [C] UK COMMUNICATIONS ► a higher rate that a phone company charges customers for special phone numbers: »Anyone who wants to respond can dial at premium rate of around £1.50 a minute and leave a message. → Compare STANDARD RATE(Cf.… … Financial and business terms
premium-rate — UK US noun [C] UK COMMUNICATIONS ► a higher rate that a phone company charges customers for special phone numbers: »Anyone who wants to respond can dial at premium rate of around £1.50 a minute and leave a message. → Compare STANDARD RATE(Cf.… … Financial and business terms
rate up — transitive verb : to class with risks paying a higher rate of premium in order to offset additional risk … Useful english dictionary
Premium-rate telephone number — Premium rate telephone numbers are telephone numbers for telephone calls during which certain services are provided, and for which prices higher than normal are charged. Unlike a normal call, part of the call charge is paid to the service… … Wikipedia
Premium Financing — involves the lending of funds to a person or company to cover the cost of an insurance premium. Premium finance loans are often provided by third party finance entity known as a Premium Financing Company ; however insurance companies and… … Wikipedia
premium — pre·mi·um / prē mē əm/ n 1: the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2: the price paid for an insurance contract equal to the cost per unit times the number… … Law dictionary
premium rate — adj BrE premium rate number/line/service a telephone connection to a particular service or company that costs a lot more than the usual rate when you call it because the company you are calling takes some of the money that you pay … Dictionary of contemporary English
premium pay — ➔ pay1 * * * premium pay UK US noun [U] (also premium) HR, WORKPLACE ► money that is paid in addition to someone s regular rate of pay for working extra hours, at night, etc.: »The additional shifts offer premium pay that is 1.1 to 1.5 times the… … Financial and business terms
rate — n 1: a fixed ratio between two things 2: a charge, payment, or price fixed according to a ratio, scale, or standard: as a: a charge per unit of a commodity provided by a public utility b: a charge per unit of freight or passenger service see also … Law dictionary
premium pay — premium pay, wages at more than the basic rate for overtime work or for work on holidays or weekends: »The union retains six paid holidays, with provision for premium pay if a worker was required to work on those days (New York Times) … Useful english dictionary
