lathe (medicine) and premium (iou)

lathe (medicine)

lathe

Formerly, a part or division of a county among the Anglo-Saxons. at present it consists of four or five hundreds, and is confined to the county of Kent.

Alternative forms: lath.

Origin: AS.laeth. Of. Uncertain origin.

1. A granary; a barn.

2. <machinery> A machine for turning, that is, for shaping articles of wood, metal, or Other material, by causing them to revolve while acted upon by a cutting tool. "turning" here is in the sense of cutting while turning. Turn 6 and turning 4, in this dict.

3. The movable swing frame of a loom, carrying the reed for separating the warp threads and beating up the weft; called also lay and batten. Blanchard lathe, a lathe for turning irregular forms after a given pattern, as lasts, gunstocks, and the like. Drill lathe, or Speed lathe, a small lathe which, from its high speed, is adapted for drilling; a hand lathe. Engine lathe, a turning lathe in which the cutting tool has an automatic feed; used chiefly for turning and boring metals, cutting screws, etc. Foot lathe, a lathe which is driven by a treadle worked by the foot. Geometric lathe. See Geometric Hand lathe, a lathe operated by hand; a power turning lathe without an automatic feed for the tool. Slide lathe, an engine lathe. Throw lathe, a small lathe worked by one hand, while the cutting tool is held in the Other.

Origin: OE. Lathe a granary; akin to G. Lade a chest, Icel. Hlatha a storehouse, barn; but cf. Also Icel. Loth a smith's lathe. Senses 2 and 3 are perh. Of the same origin as lathe a granary, the original meaning being, a frame to hold something. If so, the word is from an older form of E. Lade to load. See Lade to load.

Source: Websters Dictionary

premium (iou)

premium noun & adjective. E17.
[Latin praemium booty, profit, reward, from prae PRE- 1 + emere buy, (orig.) take.]
A. noun.
A reward, a prize. E17.
H. Allen It was a rich Eastern cargo and premiums might follow.
The amount payable for a contract of insurance. M17.
Which? Many..policies..offer an 'all risks' extension: you pay an extra premium.
A sum added to interest, wages, etc.; a bonus; a sum paid in addition to the rent on a leased property. L17.
a. A charge made for changing one currency into another of greater value; the excess value of one currency over another. E18.
b. The excess of the prospective price of a currency or commodity over the present price; Stock Exchange the amount by which the price of a stock exceeds its issue price or the value of the assets it represents; gen. the excess of an actual over a nominal price. M19.
Financial Times Shares..jumped to a 70 per cent premium on the first day.
A fee paid for instruction in a profession or trade. M18.
An item given away or sold cheaply to persuade people to buy, sample, or subscribe to something. E20.
Phrases: at a premium at more than the nominal value or price; fig. in high esteem: opp. at a discount. Premium Savings Bond = premium bond (b) below. put a premium on put a high value on; provide or act as an incentive to.
Comb.: premium apprentice Hist.: who has paid a premium for his or her instruction; premium bond (a) a bond earning no interest but eligible for lotteries; (b) spec. (also with cap. initials) since 1956, a British Government bond without interest but with regular chances of cash prizes.
b. attrib. or as adjective. (Of a commodity etc.) superior in quality and therefore more expensive; (of a price) suited to an item of superior quality, higher than usual. E20.
Marketing Week Newcastle Brown is competing against..premium lagers like Lowenbr?u.
premiumed adjective that has won a premium or prize; that has paid a premium: L18.

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