DEFINITION of 'Freemium'. A combination of the words free and premium used to describe a business model that offers both free and premium services. The freemium business model works by offering simple and basic services for free for the user to try and more advanced or additional features at a premium. This is a common practice with many software companies, who offer basic software free to try but with limited capabilities.
Pacific Standard Time. Offset: PST is 8 hours behind Greenwich Mean Time (GMT) and is used in North America. Countries: It is used in following countries: Canada, Mexico, Pitcairn, United States. Principal Cities: The largest city in the PST timezone is Los Angeles from USA with population about 3.793 million people.
Popular Time Zones. The Difference Between PDT and PST. During the summer, parts of the world, the United States mostly, observe Daylight Saving Time where the clocks are turned back an hour to allow for more sunlight during the summer months. During this time the offset for this time zone is UTC -7:00. When the winter months arrive and the clocks are set back to their original time, the zone is then designated as Pacific Standard Time (PST). During the winter months when PST is in effect, the offset is UTC -8:00.