preference

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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
References in periodicals archive ?
One of the greatest challenges for the multilateral trading system in the twenty-first century is the rise of preferential trade agreements
A consensus was reached on implementing a graded luggage check mechanism at airports for individuals granted preferential status.
Ahmed Hassan Moughal President, RafatFarid Senior Vice President and Iftikhar Anwar Sethi Vice President, Islamabad Chamber of Commerce and Industry stressed that Prime Minister Imran Khan during his visit should try to negotiate a Preferential Trade Agreement with USA in order to get enhanced market access for Pakistan products in US markets.
Musayev added that since the early year, 463 entrepreneurs received preferential loans worth 46 million manats ($27 million) in financing of investment projects totaling 175.7 million manats ($103.38 million).
He started as a journalist for the Sme daily and the Financial Times.Vladimir Bilik class="ul Number of preferential votes: 26,202 A political analyst and member of Spolu's presidium.
South Korea's preferential tariffs to Bhutan will end in December 2023 while the measures to Solomon Islands and Sao Tome and Principe are set to expire in December 2024, according to the Ministry of Economy and Finance.
Preferential deals give countries easier access to markets such as by granting them tariff-free entry.
The reason for preferential law is an SRO due to which the large scale steel industry can take the benefit, and the three big guns of industries can take Rs19000 waiver on per ton of steel while the small industries have to pay 11 pc custom duty, 2 pc additional customs duty, and RD tax 12.5 pc, in this way the small industrialist paying 27 pc on each ton a steel.
Reportedly, the EGM resolved to approve the board of directors' resolution of 16 October 2018 on a new issue of shares with deviation from the shareholders' preferential rights.
figure By GALGALLO FAYO British security printing firm De La Rue International will retain the Sh10 billion-a-year tender to print Kenya's new-look currency after the Court of Appeal reversed High Court decision that nullified the award.The judges noted that the Central Bank of Kenya (CBK) acted within the law when it gave De La Rue International 15 per cent preferential treatment and rejected the notion that the regulator colluded with British firm.
Preferential flow in soils refers to the phenomenon of nonequilibrium flow through a small fraction of the pore space, by which water and solutes are rapidly transported to the deep subsurface or groundwater, thereby bypassing large portions of the soil matrix (Beven and Germann 1982; Jarvis 2007; Guo and Lin 2018).
BiH Minister of Foreign Trade and Economic Relations Mirko A aroviA confirmed that the United States had granted Bosnia and Herzegovina a new extension of preferential imports to this country.