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Praemium

A Law Dictionary and Glossary · George C. Kinney · 1893

A Law Dictionary and Glossary

Lat.

In old English law

Reward; compensation. Praemium assecurationis: compensation for insurance; premium of insurance. Praemium pudicitiae: the price of chastity; compensation for loss of chastity; a term applied to bonds and other engagements given for the benefit of a seduced female.