premium /prēˈmi-əm/

1. A sum regularly payable for insurance
2. An admission fee paid by someone entering an apprenticeship or profession
3. A sum added to a fixed wage, rate, etc, a bonus
4. Excess over original price or par, opp to discount
5. Anything offered as an incentive to buy
6. A reward, prize or bounty

Of highest quality, and so costly

Premium Bond or Premium Savings Bond noun

A Government bond, the holder of which gains no interest, but is eligible for a money prize allotted by a draw held at stated intervals

at a premium

1. In great demand
2. Above par

put a premium on

To attach particular value to, to esteem highly

• feast-rites
• feasts
• feast-won
• feat
• feated
• feateous
• feateously
• feather
• feather bed
• featherbed
• featherbedded
• featherbedding
• featherbeddings
• feather beds
• featherbeds
• feather-boarding
• feather-bonnet
• feather-bonnets
• feather-brain
• feather-brained
• feather-brains
• feather cut
• feather cuts
• feather duster
• feather dusters