Precious/ˈpreʃəs/ Definition 1 of 4Pro Tip 1/3Subjective Value Describes items whose importance goes beyond money, often sentimental. This heirloom is precious to our family. Pro Tip 2/3Irreplaceable Assets Usually for items that cannot be easily replaced or duplicated. Clean water is a precious resource in arid regions. Pro Tip 3/3Emphasize Scarcity Highlights the limited availability or rarity of something. We must make the most of our precious time together.