Noun: A viscous whitish secretion of the male reproductive organ, known as semen. However, it is discribed as "premium" to denote that it is the first ejaculation in a long while. Implying that the semen has been stored away for someone, or something special.
"God damn! i'd wreck that chick, puncture holes and top her up with premium white"
by Otto McGuire July 30, 2006