Economic value and Premium

Economic value noun - The amount (of money or goods or services) that is considered to be a fair equivalent for something else.

Premium and economic value are semantically related. In some cases you can replace term "Premium" with "Economic value", this terms are similar.

Premium noun - The amount that something in scarce supply is valued above its nominal value.

Economic value and premium are semantically related. Sometimes you can use "Economic value" instead a noun "Premium".