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preference |
Also found in: Legal, Financial, Wikipedia | 0.02 sec. |
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preference 1. Law a. the settling of the claims of one or more creditors before or to the exclusion of those of the others b. a prior right to payment, as of a dividend or share in the assets of a company in the event of liquidation 2. Commerce the granting of favour or precedence to particular foreign countries, as by levying differential tariffs How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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