PREMIUM n.
ize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc. To think it not the necessity, but the premium and privilege of life, to eat and sleep without any regard to glory. Burke. The law that obli…
SHORT adv.
uickly; as, to stop short in one's course; to turn short. He was taken up very short, and adjudged corrigible for such presumptuous language. Howell. To sell short (Stock Exchange), to sell, for future delivery, what the party selling does not own, but hopes to buy at a lower rate.