Prem·ise n.; pl. Premises [Written also, less properly, premiss.]
1. A proposition antecedently supposed or proved; something previously stated or assumed as the basis of further argument; a condition; a supposition.
The premises observed,
Thy will by my performance shall be served. --Shak.
2. Logic Either of the first two propositions of a syllogism, from which the conclusion is drawn.
Note: “All sinners deserve punishment: A B is a sinner.”
These propositions, which are the premises, being true or admitted, the conclusion follows, that A B deserves punishment.
While the premises stand firm, it is impossible to shake the conclusion. --Dr. H. More.
3. pl. Law Matters previously stated or set forth; esp., that part in the beginning of a deed, the office of which is to express the grantor and grantee, and the land or thing granted or conveyed, and all that precedes the habendum; the thing demised or granted.
4. pl. A piece of real estate; a building and its adjuncts; as, to lease premises; to trespass on another's premises.
premises
n : land and buildings together considered as a place of
business; "bread is baked on the premises"