premium (premium)

[Early mod. E. pre mye (q. v.), trade or profe ion. Men never fail to bring in their money upon a land-tax when the premium or interest allowed them is suited to the hazard they run. Add is on, Freeholder, No. 20. The Century Dictionary and Cyclopedia IMG:content-0873.png:[blocks in formation] consideration for a contract of insurance. See insurance, 2.-4. In banking and currency, the difference by which the value of one metallic currency exceeds that of another of the same denomination, or by which a metallic currency exceeds a paper currency of the same denomination in the same country; agio: the opposite of discount, or disagio, which is the amount by which the value of one currency has depreciated when compared with another. Thus, during the civil war in the United States, when $125 in paper currency was demanded for $100 in gold, the gold dollar was said to be at a premium of 25, as com pared with paper, but it might more correctly be said that paper was at a discount of 20 per cent. as compared with gold. 5. In stock - broking, etc., the percentage of difference by which the market price of shares, stocks, bonds, etc., exceeds their face-value or the sum originally paid for them: thus, when stock originally i ued at $100 per share sells at $140 per share, it is said to be at a premium of 40 per cent. - At a premium, above par; at a higher price than the original cost or normal value; hence, difficult to obtain; rare and valuable. — Premium note, a note given in place of payment of the whole or a part of an insurance premium. Premna (prem'nä), n. [NL. (Linnæus, 1767), so called in allusion to the short stem or low tree-trunk; bluish flowers, in panicles or corymbs, or condensed into an elongated pyramidal inflorescence. P. Taitensis of the Fiji Islands, etc., there called yaro, affords wood for building, and its bark enters into the drug tonga. See headache-tree and tonga. premolar (pre-mō'lär), a. and n. [Also præ molar; II. n. A milk-molar; a molar of the deciduous dentition; a tooth which in the permanent dentition replaces a milk-molar. Such teeth occur as a rule in mammals which have a diphyodont dentition. All the molars or grinders of the first set are techni cally premolars, and all those which succeed and replace them in the second set are also premolars, whatever their size, form, or number. They are usually smaller than true molars, and also le complicated in structure; but such distinctions do not hold in every case. Premolars are developed in an anterior part of the maxillary bone, and, when they coexist with true molars, are always situated in front of the latter. The first, foremost, or most anterior premolar is often specialized, and is then known as the canine. Excepting this tooth, the typical though not the most frequent number of premolars is three above and below on each side; there are rarely more than three, oftenest two, as in man; sometimes one or none, as in rodents. The two premolars of man are commonly called bicuspids. In dental formulæ the symbol of premolar is pm or p. The premolar formula of man is pm. 2-2 2-2 pre monarchical (pre-mō-när'ki-kal), a. [ Pre monarchical Israel is represented as a hierocracy, and Samuel as its head. Encyc. Brit., XIII. 403. premonish (prē-mon'ish), v. [Formerly also præmonish; Pg. premunir ), forward, ishing or forewarning; hend forewarning; hence, a previous warn ing or notification of subsequent events; previous information. Such as haue not premonition hereof, and consideration of the causes alledged, would peraduenture reproue and disgrace euery Romance or short historic all ditty, for that they be not written in long meeters or verses. Putten ham , Arte of Eng. Poesie, p. 34. God hath sent all his servants, the prophets, and so done all that is nece ary for premonition . Donne , Sermons, vi. prenatal = previous to the life and writings of Moses: as, Premosaic history. premotion (pre-mō'shon), n. [F. prémotion Sp. premocion = Pg. premoção, forehand: see premove.] Previous motion or excitement to action. It follow eth that no words or writings are of certain truth upon any account of God's inspiration or premo tion , because God not only can, but doth, cause all the untruths that are spoken or written in the world: therefore no faith in God's revelation hath any sure foundation,... and so all religion is dashed out at a stroke. Baxter , Divine Life, i. 19. Many Jesuit writers of note differ from Molina in almost premonitive (prē-mon'i-tiv), a. [ tus, pp. of præmonere, forewarn (see premonish ), + -ive.] Premonitory. Imp. Dict. premonitor (pre-mon'i-tor), n. [ Some such like uncouth premonitors purposely to awaken our security. God sends Bp . Hall , Soliloquies, Ixxix. premonitorily (prē-monʻi-tō-ri-li), adv . By way of premonition. premonitory (pre-mon'i-to-ri), a . [= F. pré monitoire , præmonitor i us , that gives previous warning (see premonitor ), præmonere , forewarn: see premonish .] Giving premonition; serving to warn or notify beforehand. In premonitory judgements God will take good words and sincere intents; but in peremptory, nothing but reall performances. N. Ward , Simple Cobler, p. 46. All the signs and silences Premonitory of earthquake. Browning, Ring and Book, I. 192.