Premium

prē′mi-um, n. a reward: a prize: a bounty: payment made for insurance: the difference in value above the original price or par of stock—opp. to Discount : anything offered as an incentive.— adjs. Prē′mial , Prē′miant .— v.t. Prē′miate , to reward with a premium.— At a premium , above par (see Par ). [L. præmium — præ , above, emĕre , to buy.]