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premium pudoris. See PRAEMIUM PUDICITIAE. [Blacks Law 8th]

premium on capital stock. See paid-in surplus under SURPLUS. [Blacks Law 8th]

premium note. See NOTE(1). [Blacks Law 8th]

premium loan. See LOAN. [Blacks Law 8th]  

premium bond. See BOND(3). [Blacks Law 8th]

premium, n. 1. The periodic payment required to keep an insurance policy in effect. — Also termed insurance premium. [Cases: Insurance 2000.C.J.S. Insurance §§ 436–437.] advance premium. A payment made before the start of the period covered by the insurance policy. [Cases: Insurance 1760.] earned premium. The portion of an insurance premium applicable to the…

premises rule. See PARKING-LOT RULE. [Blacks Law 8th]

premises liability. A landowner’s or landholder’s tort liability for conditions or activities on the premises. [Cases: Negligence 1000, 1001.C.J.S. Negligence § 381.] [Blacks Law 8th]

premises (prem-<<schwa>>-siz).1. Matters (usu. preliminary facts or statements) previously referred to in the same instrument <wherefore, premises considered, the plaintiff prays for the following relief>.2. The part of a deed that describes the land being conveyed, as well as naming the parties and identifying relevant facts or explaining the reasons for the deed. 3. A…

premise (prem-is), n. A previous statement or contention from which a conclusion is deduced. — Also spelled (in BrE) premiss. — premise (prem-is or pri-mIz), vb. [Blacks Law 8th]