What is the meaning of Premium?

Superior in quality; higher in price or value.

High-end; belonging to the market segment between mid-market and luxury.

A prize or award.

Something offered at a reduced price as an inducement to buy something else.

A bonus paid in addition to normal payments.

The amount to be paid for an insurance policy.

An unusually high value.

The amount by which a security's value exceeds its face value.

premium

premium

premium:

a prize, a reward.

a premium: money paid for e.g. an insurance.

something premium (superior in quality; higher in price or value).

Pertamina's petrol or gasoline product with octane rating of 88.(Can we verify this sense?)

petrol, gasoline(Can we verify this sense?)

premium

Source: wiktionary.org