{"era":"current","word":"premium","meaning":"a sum of money paid for an insurance policy; a high-quality item","children":[{"era":"1600s","word":"premium","meaning":"reward, prize, incentive payment","children":[{"era":"classical","word":"praemium","meaning":"reward, prize, recompense","children":[{"era":"classical","word":"prae + emere","meaning":"before + to take, buy","children":[],"language":"Latin"}],"language":"Latin"}],"language":"English"}],"language":"Modern English"}