at a premium

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Definitions from WordNet

Adverbial at a premium has 1 sense

at a premium - of high value (usually because of scarcity) or above par value; "they were forced to buy it back at a premium"

Definitions from the Web

Term: at a premium

Definition:

Expression: In high demand or scarcity, resulting in a higher price or value.

Senses:

Investment: When a particular asset or commodity is in high demand, and its availability is limited, causing its price to be higher than usual.
Valuable: Something that is highly valued or sought after, often due to its rarity or quality.

Examples:

The newly released limited-edition sneakers are at a premium right now, with resellers charging exorbitant prices.
In the summer, beachfront properties in this area are at a premium since they offer breathtaking views.
During the pandemic, hand sanitizers and face masks were at a premium and hard to find in stores.

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