n. 25B6; noun
monthly premiums of £30 : (REGULAR) PAYMENT, instalment.
you must pay a premium for organic fruit : SURCHARGE, additional payment, extra amount.
a foreign service premium : BONUS, extra; incentive, inducement; informal perk; formal perquisite.
25A0; at a premium SCARCE, in great demand, hard to come by, in short supply, thin on the ground.
25A0; put/place a premium on
I place a high premium on our relationship : VALUE GREATLY, attach great/special importance to, set great store by, put a high value on.
the high price of oil put a premium on the coal industry : MAKE VALUABLE, make invaluable, make important.