premium for

USAGE SUMMARY

The phrase "premium for" is correct and usable in written English.
It is typically used in contexts related to finance, insurance, or pricing, indicating an additional cost or fee for a specific benefit or service. Example: "The premium for this insurance policy is higher due to the extensive coverage it provides."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

57 human-written examples

"Those buyers pay a premium for it.

The New York Times

Mr. Lewis paid a premium for Merrill.

The New York Times

"They'll pay a premium for fast training".

The New York Times

You receive a risk premium for that.

The Guardian - Opinion

You pay a premium for a premium service.

The Economist

But would she pay a premium for it?

The New York Times - Tech

Analysts said Cablevision paid a premium for Bresnan.

The New York Times

"There's a premium for views and floor levels.

The New York Times

The earnings premium for a PhD is 26%.

The Economist

In some subjects the premium for a PhD vanishes entirely.

The Economist

You don't pay a premium for Apple elegance.

The New York Times

Expert writing Tips

Best practice

When discussing pricing or costs, use "premium for" to clearly indicate an extra charge or higher value associated with specific features or benefits. For example, "Customers pay a premium for faster delivery."

Common error

Avoid using "premium for" without clearly specifying what the extra cost is compensating. It is important to specify if the "premium" refers to better quality, faster service, or additional features, otherwise the phrase becomes vague and loses its impact.

Linguistic Context

The phrase "premium for" primarily functions as a prepositional phrase, often used to denote an additional cost or value associated with a specific item, service, or feature. It highlights that something extra is being paid in exchange for a perceived benefit, as evidenced by Ludwig.

Expression frequency: Very common

Frequent in

News & Media

45%

Science

28%

Formal & Business

27%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "premium for" is a common prepositional phrase used to indicate an additional cost or value associated with a specific item, service, or feature. As Ludwig AI confirms, it is grammatically correct and appears frequently in diverse contexts, primarily in news, science, and business. When using this phrase, it's essential to clearly specify what benefit justifies the higher cost. While alternative phrases like "extra charge for" or "additional fee for" exist, "premium for" often implies a justified higher value due to added benefits or superior quality.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

extra charge for

Focuses on the additional cost associated with a specific item or service.

additional fee for

Highlights a supplementary payment required for something.

surcharge for

Emphasizes an extra fee added onto the original price.

higher price for

Indicates that something costs more compared to a standard price.

increased cost for

Stresses the rise in the expense associated with something.

premium on

Similar in meaning, but uses a different preposition to indicate a higher value or cost.

bonus for

Highlights an added benefit or reward associated with something.

added value for

Focuses on the extra worth or advantage gained from something.

excess payment for

Highlights that the payment is higher than usual or expected.

increased expense for

Specifically points to a greater expenditure for a particular item or service.

FAQs

How can I use "premium for" in a sentence?

You can use "premium for" to indicate an extra cost or higher value associated with something, as in "They charge a "premium for" expedited shipping".

What's the difference between "premium for" and "extra cost for"?

"Premium for" often implies added value or superior quality justifying the higher cost, while "extra cost for" simply indicates an additional expense. For example, you pay a ""premium for" organic produce" because it's considered better quality, but there's an "extra cost for oversized baggage" due to handling requirements.

What are some alternatives to using "premium for" in writing?

Consider using phrases like "extra charge for", "additional fee for", or "surcharge for" depending on the specific context and the nuance you want to convey.

Is it correct to say "pay a premium on" instead of "pay a premium for"?

While both can be used, "pay a "premium for"" is more common and generally preferred. "Pay a premium on" is also correct, but less frequently used. The choice depends on the specific context and desired emphasis.