Definitions of preference

  1. the right or chance to choose; " given my druthers, I'd eat cake"
  2. a strong liking; " my own preference is for good literature"; " the Irish have a penchant for blarney"
  3. grant of favor or advantage to one over another ( especially to a country or countries in matters of international trade, such as levying duties)
  4. The act of Preferring, or the state of being preferred; the setting of one thing before another; precedence; higher estimation; predilection; choice; also, the power or opportunity of choosing; as, to give him his preference.
  5. That which is preferred; the object of choice or superior favor; as, which is your preference?
  6. A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms- length creditors ( regular commercial creditors) and within one year for insider creditors ( friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference ( the amount of the payment) and distribute it among all of the creditors.
  7. Choice of one thing more than another; that which is favored or chosen.
  8. Act of preferring; higher estimation; choice.
  9. The act of preferring, the state of being preferred, or that which is preferred.
  10. The preferring of one thing before another; choice of one thing rather than another.
  11. The choice or estimation of one thing rather than another; state of being preferred.
  12. Preferentially.
  13. Preferential.