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1)Means lover/beloved/darling
2)The most beautiful girl in. the. UNIVERSE. she's the classiest lady you'll ever know with a sexy beautiful bod. Extremely intelligent and independant. She's the best dancer ever because she can ACTUALLY DANCE unlike all those other girls out there who think they can. Who ever has her, word up don't hurt her because you can't find anyone as angellic and wonderful like her. She's a league of her own no other girl can compare. SERIOUSLY. Don't loose her.

Try to beat this description 'cause its spot on.
Guy 1: Is that Premika?
Guy 2: Yeah, she's an angel
Guy 1: No she's a goddess!
Premika by drnkgmr May 4, 2010
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Premature Satirisation 

making jokes about topical situations before it becomes socially acceptable
"that joke was too soon man"
"hey what can I say, I suffer from premature satirisation"

premature exfoliation 

The tendency of certain trees to display autumn colors in August.
Amy was depressed when the oak exhibited premature exfoliation in the middle of August.

Premature Paculation

When you're being chased by a ghost in Pac-Man or Ms. Pac-Man and you quickly turn around after thinking you ate a Power Pellet, just to find out you didn't eat it. You end up losing a life.

This happens more in the higher speed levels because you try to eat the Power Pellet and then eat ghosts as fast as possible.

Premature Paculation DOES NOT refer to the wasting of Power Pellets
Dude: HEY! How come you just ran into that ghost on purpose?

Guy: I didn't mean to, it was Premature Paculation.

Dude: Oh, what's that?

Guy: I thought I went far enough to eat the Power Pellet but i turned around too quickly and the ghost wasn't edible.
Premature Paculation by troggy1009 January 18, 2009

Medium is Premium 

A mantra that is mainly used in the anime/weeb community to voice their preference in a certain breast size. This phrase is in the middle ground of both mantras, "flat is justice" and "oppai is truth." The phrase is for people who don't like massive anime boobs but also don't like flat lolis and instead like average or normal sized breasts.
Shota: Oppai is Truth!
Pedo: Flat is justice!
Normal Person: Medium is Premium!
Medium is Premium by Snvw September 21, 2020

premarital interdigitation

holding hands before marriage with fingers interlocked.
The Puritans daughter was yelled at for having premarital interdigitation with her boyfriend.

Premature Rejectulation

When a user submits a new word and definition to Urban Dictionary and the volunteer editors who happen to review the submission lack intelligence, understanding and/or a sense of humour therefore end up prematurely rejecting spectacularly humorous submissions.
Editor - "A few volunteer editors read your definition and decided to not publish it. Don't take it personally"

Disappointed user - "Damn it, premature Rejectulation again!"