premium Pronunciation: /ˈpriːmiəm/Translate premium | into French | into German | into Italian Spanish translation of premiumn [Fin] 1 (insurance premium) prima (f) (de seguro) 2 (surcharge) recargo (m) to be at a premium (in short supply) = escasear (lit: above par) estar* por encima de la par 3 (bonus) prima (f)premium in other Oxford dictionaries Definition of premium in the British & World English dictionary Definition of premium in the US English dictionary