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preface
prefaded
prefatory
prefect
prefecture
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preferable
preferably
preference
preference shares
preferential
preferment
preferred position
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preferred risk
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preference

pref·er·ence [ préffərənss ] (plural pref·er·enc·es)


noun 
Definition:
 
1. selection of somebody or something: the view that one person, object, or course of action is more desirable than another, or a choice based on such a view
The judges showed a marked preference for representational art.

2. right to express choice: the right or opportunity to choose a person, object, or course of action that is considered more desirable than another
We exercised our preference.

3. somebody or something preferred: a person, object, or course of action that is more desirable than another, or the state of being that desirable choice
State your preferences clearly.

4. law priority of one creditor over others: priority given to a creditor, e.g. when a debtor goes bankrupt, or the right of one creditor to receive payment before others

5. commerce favoritism in international trade: priority given to a particular country or group of countries in international trade

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