-
Trending Now:
More Trending:
- scaramouch non sequitur admiral's mast calumny kakistocracy
- ALL
minimum premium
noun
Definition of minimum premium
: the smallest single charge for which an insurer will write a particular policy having a specified period
From the M-W Editors
There's more!
Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Seen and Heard
What made you want to look up minimum premium? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!