English · Work & Business
freemium
/ˈfriː.mi.əm/
[/ˈfriː.mi.əm/]
free-plus-paid model
Advancednoun
Definition
A business model offering basic features free while charging for premium features.
Example
The app uses a freemium model, letting anyone start free but charging for advanced tools.
The app uses a freemium model, letting anyone start free but charging for advanced tools.
Etymology
A blend of 'free' and 'premium', coined around 2006.
How & Where It’s Used
Used in software and digital business models.