at a premium
The phrase "at a premium" is often used to describe situations where something is in high demand or short supply, resulting in increased value or cost.
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Definition
C1Finance
(technical)Priced above its standard or nominal value.
Example
- Bonds were trading at a premium due to increased investor interest.
B2General
(common)Highly valued due to being scarce or in short supply.
Example
- Parking spaces in the city are at a premium.
- With so many deadlines, time is at a premium.
B2General
(common)More expensive than usual due to high demand.
Example
- Tickets for the concert are at a premium because the band is very popular.
Similar
Terms that have similar or relatively close meanings to "at a premium":
at a priceat a discountabove parprice upat the expense ofgood value