<p><strong>Noun</strong></p><ul><li>the act of preferring.</li><li>the state of being preferred.</li><li>that which is preferred; choice: His preference is vanilla, not chocolate.</li><li>Synonyms: pick, selection.</li><li>a practical advantage given to one over others.</li><li>a prior right or claim, as to payment of dividends or to assets upon dissolution.</li><li>the favoring of one country or group of countries by granting special advantages over others in international trade.</li></ul>