Lead With Learning: Why Purpose Can Save Educational Technology. Dr. Shawn Mahoney, Chief Academic Officer, McGraw-Hill Education, School Group provides her thoughts on the why behind the what matters in educational technology.
In auctions, the buyer's premium is a percentage additional charge on the hammer price (winning bid at auction) of the lot that must be paid by the winner. It is charged by the auctioneer to cover administrative expenses.
Definition of 'Premium'. Tweet. Premium is an amount paid periodically to the insurer by the insured for covering his risk. Definition: Premium is an amount paid periodically to the insurer by the insured for covering his risk. Description: In an insurance contract, the risk is transferred from the insured to the insurer. For taking this risk, the insurer charges an amount called the premium.