Preference
noun
1.
the act of preferring.
2.
the state of being preferred.
3.
that which is preferred; choice:
His preference is vanilla, not chocolate.
4.
a practical advantage given to one over others.
5.
a prior right or claim, as to payment of dividends or to assets upon dissolution.
6.
the favoring of one country or group of countries by granting special advantages over others in international trade.
noun
1.
the act of preferring
2.
something or someone preferred
3.
(law)
the settling of the claims of one or more creditors before or to the exclusion of those of the others
a prior right to payment, as of a dividend or share in the assets of a company in the event of liquidation
4.
(commerce) the granting of favour or precedence to particular foreign countries, as by levying differential tariffs
Read Also:
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noun, British. 1. a share of preferred stock.
- Preference-stock
noun, British. 1. preferred stock.
- Preferentially
[pref-uh-ren-shuh l] /ˌprɛf əˈrɛn ʃəl/ adjective 1. of, relating to, or of the nature of preference: preferential policies. 2. showing or giving preference: a preferential hiring system. 3. receiving or enjoying preference, as a country in trade relations; favored. preferential /ˌprɛfəˈrɛnʃəl/ adjective 1. showing or resulting from preference 2. giving, receiving, or originating from preference […]
- Preferential-shop
noun 1. a shop in which union members are preferred, usually by agreement of an employer with a union.
- Preferential-voting
noun 1. a system of voting designed to permit the voter to indicate an order of preference for the candidates on the ballot. preferential voting noun 1. a system of voting in which the electors signify their choices, as of candidates, in order of preference