p 3 r 1 e 1 e 1 m 3 p 3 t 1
7 letters · 13 points in Scrabble
Meaning
noun a high bid that is intended to prevent the opposing players from bidding
verb acquire for oneself before others can do so
verb take the place of or have precedence over
originBack-formation from preemption.
Etymology from Wiktionary, CC BY-SA 3.0