[ pree-mee-uhm ]
/ ˈpri mi əm /




    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 Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for premium

British Dictionary definitions for premium


/ (ˈpriːmɪəm) /


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 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.