- the act of preferring.
- the state of being preferred.
- that which is preferred; choice: His preference is vanilla, not chocolate.
- a practical advantage given to one over others.
- a prior right or claim, as to payment of dividends or to assets upon dissolution.
- the favoring of one country or group of countries by granting special advantages over others in international trade.
- the act of preferring
- something or someone preferred
- 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
- the granting of favour or precedence to particular foreign countries, as by levying differential tariffs
