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at a premium

Definition of at a premium

1 :for a high price
  • Land in the county is selling at a premium.
  • Rooms with a view are available, but they come at a premium.
2 :difficult to get because there is little available
  • We bought bunk beds because space in the apartment is at a premium.

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Word by Word Definitions

premium play

  1. : a reward or recompense for a particular act

  2. : a sum over and above a regular price paid chiefly as an inducement or incentive

  3. : a sum in advance of or in addition to the nominal value of something

  1. : of exceptional quality or amount

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