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Premium Economy ( Condor 767 Cabin #7)

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Premium Economy ( Condor 767 Cabin #7)

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Premium

pre•mi•um (prēmē əm),USA pronunciation n. 
  1. a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
  2. a bonus, gift, or sum additional to price, wages, interest, or the like.
  3. [Insurance.]the amount paid or to be paid by the policyholder for coverage under the contract, usually in periodic installments.
  4. [Econ.]the excess value of one form of money over another of the same nominal value.
  5. a sum above the nominal or par value of a thing.
  6. the amount paid to the lender of stock by the borrower, typically a short seller.
  7. the amount the buyer of a call or put option pays to the seller, quoted in dollars per share of stock.
  8. a fee paid for instruction in a trade or profession.
  9. a sum additional to the interest paid for the loan of money.
  10. at a premium: 
    • at an unusually high price.
    • in short supply;
      in demand: Housing in that area is at a premium.

adj. 
  1. of exceptional quality or greater value than others of its kind;
    superior: a wine made of premium grapes.
  2. of higher price or cost.
  3. of or pertaining to premiums: to work in premium sales.

Economy

e•con•o•my (i konə mē),USA pronunciation n., pl.  -mies, adj., adv. 
n. 
  1. thrifty management;
    frugality in the expenditure or consumption of money, materials, etc.
  2. an act or means of thrifty saving;
    a saving: He achieved a small economy by walking to work instead of taking a bus.
  3. the management of the resources of a community, country, etc., esp. with a view to its productivity.
  4. the prosperity or earnings of a place: Further inflation would endanger the national economy seriously.
  5. the disposition or regulation of the parts or functions of any organic whole;
    an organized system or method.
  6. the efficient, sparing, or concise use of something: an economy of effort; an economy of movement.
  7. See  economy class. 
  8. [Theol.]
    • the divine plan for humanity, from creation through redemption to final beatitude.
    • the method of divine administration, as at a particular time or for a particular race.
  9. [Obs.]the management of household affairs.

adj. 
  1. intended to save money: to reduce the staff in an economy move.
  2. costing less to make, buy, or operate: an economy car.
  3. of or pertaining to economy class: the economy fare to San Francisco.

adv. 
  1. in economy-class accommodations, or by economy-class conveyance: to travel economy.

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