Premium: Definition, Meanings in Finance, and Types - Investopedia
https://www.investopedia.com/terms/p/premium.asp
WEBApr 20, 2023 · Broadly speaking, a premium is a price paid for above and beyond some basic or intrinsic value. Relatedly, it is the price paid for protection from a loss, hazard, or harm (e.g., insurance or...
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