Financial Dictionary.

This is a browseable and searchable reference tool for terminology relating to UK-based personal finance and financial products.

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Premium

Definition: The monetary amount of contributions (which can be monthly, annually or single) that are made into an insurance, investment, or pension contract by the policyholder. The term 'premiums' is generally used to define payments into contracts where the benefits are not tangible or immediately realisable. Another definition of 'premium' is used in the context of Investment Trusts, when share price of a specific trust is trading at a higher price than the value of its underlying assets (i.e. its investment holdings).

Recent Financial Topics

A road safety charity has also found that a fifth of drivers would support a ban on SUVs entering city centres, such is the perceived threat the larger motors pose.

One in three drivers say SUVs are more dangerous to pedestrians as think tank calls for them to be taxed to fund EV discounts for low-income families
04/03/2026 07:01 PM

Bosses and experts say Labour's national insurance hikes and wage policies are to blame for rising joblessness - with young people the worst hit.

Labour urged to rethink plans to hike the minimum wage as youth unemployment soars
04/03/2026 06:15 PM

Rachel Reeves could be forced to hike taxes even more, despite warnings that increases are already threatening to damage growth.

Taxes set to rise again as war in Middle East wipes out Chancellor's headroom
04/03/2026 06:15 PM

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Recent Financial Topics

Financial Dictionary.