premium

[ pree-mee-uhm ]
/ ˈpri mi əm /

noun

adjective

Idioms

    at a premium,
    1. at an unusually high price.
    2. in short supply; in demand: Housing in that area is at a premium.

Origin of premium

First recorded in 1595–1605, premium is from the Latin word praemium profit, reward

Related forms

non·pre·mi·um, nounsu·per·pre·mi·um, adjective, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for at a premium

premium

/ (ˈpriːmɪəm) /

noun

Word Origin for premium

C17: from Latin praemium prize, booty, reward
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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)

premium


see at a premium; put a premium on.

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.