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You call "preem" something that is cool, great, something that feels premium. It's a positive adjective.
"This gonk ran drove the wall and flatlined, what a shame, his AV was actually preem".
"I got a preem gun here, Jackie gave it to me. May he rest in peace, see him in the major leagues!"
"All of these eddies just for me? Preeeeem!"
Preem by Cybergoth2020 December 18, 2020
Short for premium. Used in the same way as the word "good".
Person A: Got a preem phone I'm selling, you interested?
Person B: How much?
Person A: 50$
Person B: Preem price!
Preem by ShoshAhSheli December 29, 2020
A shortened term used to describe the event of going out for "Pre Drinks" or going to a "Pre-Meeting"
1. We're gonna have a preemie at my house before we go to the club.
2. Before we meet with the Board of Directors, we should have a preemie to plan our presentation.
Preemie by Jake_F September 24, 2020

preemptive pee 

the act of forcing yourself or others to urinate in anticipation of not having another opportunity to do so for a long period of time.
Better take a preemptive pee before we hit the road.
preemptive pee by casadefox May 22, 2010
freely and Godly; unlimited and unbound without restriction or interference and not conflicting with God's principles.
Think Phreely! - of course you can go your whole life without ever cheating on your spouse!
phreely by Giftedlikeyou June 14, 2021

phreenomenal 

Something both phenomenal and free. Truly the best of both worlds.
J: I really hate cupcakes. They're so 2008. I'm over them.

C: But Sandy just brought some in and they're phreenomenal!

J: Oh God, I love cupcakes!
phreenomenal by Mxxn April 13, 2010