A greater liking for one alternative over another or others
a preference for long walks and tennis over jogging
he chose a clock in preference to a watch
A thing preferred
my musical preferences are blues and swing
Favor shown to one person or thing over another or others
preference is given to those who make a donation
A prior right or precedence, esp. in connection with the payment of debts
debts owed to the community should be accorded a preference
(preference) a strong liking; "my own preference is for good literature"; "the Irish have a penchant for blarney"
(preference) predilection: a predisposition in favor of something; "a predilection for expensive cars"; "his sexual preferences"; "showed a Marxist orientation"
(preference) the right or chance to choose; "given my druthers, I'd eat cake"
(preference) grant of favor or advantage to one over another (especially to a country or countries in matters of international trade, such as levying duties)
The term “preferences” is used in a variety of related, but not identical, ways in the scientific literature. This makes it necessary to make explicit the sense in which the term is used in different social sciences.
(Preference (economics)) In economics and other social sciences, preference refers to the set of assumptions relating to a real or imagined "choice" between alternatives and the possibility of rank ordering of these alternatives, based on the degree of happiness, satisfaction, gratification, ...
(Preference (law)) In many legal systems, where a person or company transfers assets or pays a debt to a creditor shortly before going into bankruptcy, that payment or transfer can be set aside on the application of the liquidator or trustee in bankruptcy as an unfair preference or simply a ...
(preference) The selection of one thing or person over others; The option to so select, and the one selected; The state of being preferred over others; A strong liking or personal valuation; A preferential bias; partiality; discrimination; A card game
(Preference) this arises where a bankrupt pre bankruptcy has paid one or more creditors money or transferred an asset to them in priority to other creditors. A trustee can claw back this transaction once they establish 5 criteria to enable all creditors to share.
(preference) Priority access to Federal power by public bodies and cooperatives.
(Preference) Paying or securing to one or more creditors, by an insolvent debtor, of all or part of an antecedent debt to the exclusion of other creditors. Under the U.S. ...
(Preference) A transfer to a creditor by the debtor of property (usually money) to pay a debt that existed prior to filing bankruptcy. Transfers made within a short time prior to filing can be recovered by the bankruptcy trustee, sold and the proceeds then shared with all of the creditors.
(Preference) Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line.
(Preference) A payment or other transaction in the six month to two year period preceding a liquidation, administration or bankruptcy, which places a creditor or a person connected with the insolvent, respectively, in a better position than they would have been otherwise. ...
(Preference) A payment by a debtor made during a specified period (90 days or one year) prior to the filing that favors one creditor over others. Preference payments can usually be recovered and returned to the debtor’s estate.
(Preference) A transfer to a creditor in payment of an existing debt made within certain time periods before the commencement of the case. Preferences may be recovered by the trustee for the benefit of all creditors of the estate.
(PREFERENCE) An advantage in consideration for award for a contract granted to a vendor by reason of the vendor's residence, business location, or business classifications (e.g., minority, small business).
(PREFERENCE) An arm's length transaction occurring within three months prior to the date of bankruptcy which prefers one creditor over another, or a non-arm's length transaction occurring within 12 months prior to the date of bankruptcy having a similar effect. ...
(PREFERENCE) the final round of formal recruitment events.
(Preference) "to like better or best" (Webster's)
(Preference) A bid percentage discount given to certain preferred firms (e.g., M/WBEs, emerging small business, or in-state small business) when considering the bid dollar amount on certain bids or a point bonus given on a bid submitted by certain preferred firms when bids are scored in a point ...
(Preference) A person's most commonly used Representational System.
(Preference) An assessment in terms of relative acceptability, ie like / dislike.
(Preference) An attribute of a sender or receiver (often the receiver) which indicates a preference to generate or process one particular type of message content over another, even if both are possible.
(Preference) Indication of choice of suits from among those suggested by partner.