Put/place/set a premium on somebody/something Definition 1 of 2Pro Tip 1/3Context Matters Use this phrase when something's importance or value is emphasized over other aspects. Our school sets a premium on student participation in class. Pro Tip 2/3Not Just Money Although 'premium' suggests cost, it can refer to any highly valued trait. As a teacher, I place a premium on curiosity and hard work. Pro Tip 3/3Emotional Weight Use this phrase to express strong belief or commitment to a quality or person. She places a premium on loyalty in her friendships.