3. In business, buying something "at a premium" means paying over and above what would normally be a fair price. So, the price is high. Ex.: "Investors had to buy oil at a premium today because of the recent refinery explosion in Venezuela." (This is just an example of possible use. - J
4. Usually people refer to "cutting" costs, but "slashing" costs implies deeper, more violent cuts (reductions). Also, while "fat" is excess, "muscle" is what you need to function (and make money) as a business. Therefore, "cutting to the bone" implies excessive cuts that cripple the organization or government. - J
Comments