See Also: PREFERENCE(law)
preference(dictionary)
preference(dictionary)
Preference(money)
Preference(finance)
Preference share(finance)
Preference stock(finance)
Tax preference item(finance)
liquidity preference(encyclopedia)
Liquidation Preference(law)

preference (iou)



preference noun. LME.
[Old & mod. French preference from medieval Latin preferentia, from Latin praeferent- pres. ppl stem of praeferre: see PREFER, -ENCE.]
Preferment; promotion. Now rare. LME.
The quality of being preferable; precedence, superiority. E17-L18.
The action or an act of preferring or being preferred; liking for one thing rather than another, predilection. (Foll. by for.) M17.
for preference if one follows one's inclination. in preference to rather than, more than.
J. Kosinski He was somewhat surprised by my preference for some prayers and indifference to others.
b. That which one prefers; one's prior choice. M19.
Muscle Mag International I really like any type of music, but my preference is rock.
c. spec. In preferential voting: the numbering of candidates in the order desired by a voter; the position in that order assigned to a candidate by a voter. E20.
A prior claim to something; spec. priority of payment given to a certain debt or class of debts. M17.
fraudulent preference such priority fraudulently given by a bankrupt in order to prevent the equal distribution of his or her assets.
b. = preference share, preference stock below. M19.
Cards.
a. A game for three people resembling whist in which the trump is determined by bidding. M19.
b. Bridge. In full preference bid. A bid indicating in which of two or more suits bid by one's partner one wishes to play. E20.
Economics. The favouring of, or an advantage given to, one customer over others in business relations; esp. the favouring of a country by admitting its products free or at a lower import duty than those of other countries. L19.
imperial preference: see IMPERIAL adjective.
Comb.: preference bid: see sense 5b above; preference share, preference stock a share, stock, whose entitlement to interest takes priority over that of ordinary shares.