| Id | ESLPod_0704_WE_1083 |
|---|---|
| Episode Id | ESLPod 704 |
| Episode Title | Reselling Products for Profit |
| Phrase | premium |
| Text | In this podcast, the word "premium" means an extra or additional amount of money or value that makes something better than other versions of the same thing: "Our premium tour package includes a suite at a five-star hotel and meals at gourmet restaurants." If something is "at a premium," it is scarce, meaning that many people want to buy or have it, but few items or units are available: "Real estate is at a premium in Manhattan." The phrase "to put a premium on (something)" means to think something is worth more than other things, or to value something more highly: "Their family has always put a premium on education." At a gasoline station, "premium" is a type of gasoline with very high quality that costs more than regular gasoline: "Lynn buys only premium gasoline for her new luxury car." |
| Topics | Business | Money |
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