Definition of at a premium in English:

at a premium

1Scarce and in demand: space was at a premium
More example sentences
  • Property is an excellent investment, particularly in Dublin, where space is at a premium but demand remains high.
  • It had a whopping 64MB of memory, so space was at a premium.
  • This was sensible as in mid-summer hut space is at a premium.
Synonyms
scarce, in great demand, hard to come by, in short supply, thin on the ground
2Above the usual or nominal price: books with pristine dust jackets are less common and sell at a premium
More example sentences
  • The price they'll get has been set at a premium above what they could expect to receive from traditional marketing outlets.
  • In Edinburgh the market is still robust and city centre property prices for developers are at a premium.
  • With the development plans in limbo, prices should remain at a premium.
See parent entry: premium

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