Homonym: Premium (Luxury)
"Premium" refers to something that is of higher quality or value compared to standard options. It often implies that a product or service offers additional features, better materials, or superior performance. For example, a premium car might have advanced technology, luxurious interiors, and enhanced safety features that set it apart from regular models.
In many cases, consumers are willing to pay more for premium products because they believe the benefits justify the extra cost. This can apply to various items, such as premium coffee, premium skincare, or premium subscriptions that provide exclusive content or services.