- at an unusually high price.
- in short supply; in demand: Housing in that area is at a premium.
Origin of premium
Related formsnon·pre·mi·um, nounsu·per·pre·mi·um, adjective, noun
British Dictionary definitions for at a premium
- an offer of something free or at a specially reduced price as an inducement to buy a commodity or service
- (as modifier)a premium offer
- in great demand or of high value, usually because of scarcity
- above par
Word Origin for premium
Idioms and Phrases with at a premium (1 of 2)
at a premium
At a higher price than usual owing to scarcity; also, considered more valuable, held in high esteem. For example, Since that article came out, the firm's stock has been selling at a premium and Space is at a premium in most stores. This idiom uses premium in the sense of “bounty” or “bonus.” [Mid-1800s] Also see put a premium on.
Idioms and Phrases with at a premium (2 of 2)
see at a premium; put a premium on.