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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“At a premium.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/at%20a%20premium. Accessed 8 Mar. 2021.
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