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English word

premium

UK /ˈpriːmiəm/US /ˈpriːmiəm/

noun

an amount of money that you pay once or regularly for an insurance policy

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Sentence 33 · Pro

Coupang: How a Harvard Dropout Built Korea's Most Valuable Startup | CNBC

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South Korea has some of the longest working hours in the world, meaning leisure time is scarce and consumers are willing to pay a premium for convenience.

Coupang: How a Harvard Dropout Built Korea's Most Valuable Startup

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