Definition of at a premium
- Land in the county is selling at a premium.
- Rooms with a view are available, but they come at a premium.
- We bought bunk beds because space in the apartment is at a premium.
: a reward or recompense for a particular act
: a sum over and above a regular price paid chiefly as an inducement or incentive
: a sum in advance of or in addition to the nominal value of something
: of exceptional quality or amount
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