at a premium

Idioms  

1. 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.

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Example Sentences

He cited 2022, when Europe bought twice as much gas as it needed, at a premium, due to uncertainty over supply.

From The Wall Street Journal

The private funds are bought and sold at their net asset value, while public BDC shares can trade at a premium or discount to NAV based on investor demand.

From Barron's

Both Thompson brothers said they have been keeping a close eye on the VIX futures curve, which has shown front-month contracts trading at a premium to contracts later out.

From MarketWatch

He added that investors’ expectations for sales growth were “elevated, leaving less room for upside,” and noted that the stock is trading at a premium to historical averages.

From Barron's

Ciena stock trades at a premium relative to peers, analysts at BofA Securities noted recently.

From Barron's

Related Words

• costly
• extravagant
• fancy
• high
• lavish
• overpriced
• pricey
• upscale
• valuable