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definitions

single premium

noun

a single payment that covers the entire cost of an insurance policy.

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Nearby words

  1. single out,
  2. single parent,
  3. single photon emission computed tomography,
  4. single point mooring,
  5. single precision,
  6. single quotes,
  7. single rhyme,
  8. single sculls,
  9. single sideband transmission,
  10. single spanish burton

Origin of single premium

First recorded in 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019