PREMIUM
Categories: Torts
Definition (1910 Edition)
Lat. Reward; compensation. Premium assecurationis, compensation for insurance; premium of insurance. Loce. de Jur. Mar. lib. 2, c. 5, § 6.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.