What Are Boils? A boil is a skin infection that starts in a hair follicle or oil gland. At first, the skin turns red in the area of the infection, and a tender lump develops. After four to seven days, the lump starts turning white as pus collects under the skin.
Past research has suggested that getting married can help lift people out of poverty, which is also called or is known as a âmarriage premium.â However, this new research opposes the marriage premium idea citing that only wealthy menâs earnings benefit from getting married and that marriage would not be an effective poverty alleviation policy.
Bond Price Premium. The concept of a bond price premium is directly related to the principle that the price of a bond is inversely related to interest rates; if a fixed-income security is purchased at a premium, this means that then-current interest rates are lower than the coupon rate of the bond.