Nearby words

  1. preminger,
  2. premise,
  3. premised,
  4. premises,
  5. premiss,
  6. premium loan,
  7. premium savings bonds,
  8. premix,
  9. premixture,
  10. première


    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 formsnon·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



an amount paid in addition to a standard rate, price, wage, etc; bonus
the amount paid or payable, usually in regular instalments, for an insurance policy
the amount above nominal or par value at which something sells
  1. an offer of something free or at a specially reduced price as an inducement to buy a commodity or service
  2. (as modifier)a premium offer
a prize given to the winner of a competition; award
US an amount sometimes charged for a loan of money in addition to the interest
great value or regardto put a premium on someone's services
a fee, now rarely required, for instruction or apprenticeship in a profession or trade
at a premium
  1. in great demand or of high value, usually because of scarcity
  2. above par

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

Word Origin and History for premium



c.1600, "reward given for a specific act," from Latin praemium "reward, profit derived from booty," from prae- "before" (see pre-) + emere "to buy," originally "to take" (see exempt (adj.)). Insurance sense is 1660s, from Italian premio. Adjectival sense of "superior in quality" is first attested 1925, originally in reference to butter.

Online Etymology Dictionary, © 2010 Douglas Harper

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.