preference

preference
The right of one person over other persons, to be appointed administrator, for example, the right of a surviving spouse. 31 Am J2d Ex & Ad §§ 50 et seq. A right given to a stockholder of a corporation to subscribe at a stated price for shares of a new issue in proportion to the shares already held by him. Miles v Safe Deposit & Trust Co. 259 US 247, 66 L Ed 923, 42 S Ct 483. A provision in a succession or inheritance tax statute which for the purposes of exemptions and rates divides recipients into classifications based upon relationship to decedent. 28 Am J Rev ed Inher T § 302. A term often confused with "priority," but distinguishable by considering a priority as legal and a preference as something which the law may make voidable. The act of a debtor in preferring one or more of his creditors to others by paying him or them without favoring the others with payment. 37 Am J2d Frd Conv § 89. See fraudulent preference; preferential transfer; tariff preference; voidable preference.

Ballentine's law dictionary. . 1998.

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  • préférence — [ preferɑ̃s ] n. f. • preferance v. 1458; de préférer 1 ♦ Jugement ou sentiment par lequel on place une personne, une chose au dessus des autres; jugement plus favorable. Les préférences de chacun. « Sur quelque préférence une estime se fonde »… …   Encyclopédie Universelle

  • preference — pref·er·ence / pre frəns, fə rəns/ n 1: the right to prior payment of a debt with preference over the creditors of the heirs or legatees Louisiana Civil Code 2: the transfer of an insolvent debtor s interest in property to a creditor for an… …   Law dictionary

  • Preference — (also called taste or penchant ) is a concept, used in the social sciences, particularly economics. It assumes a real or imagined choice between alternatives and the possibility of rank ordering of these alternatives, based on happiness,… …   Wikipedia

  • Preference — (fr., spr. Preferangs), Stichspiel, mit Deutscher Karte unter drei, gewöhnlich aber unter vier Personen, so daß der Geber beim Spiele nicht betheiligt ist, gespielt. Der Geber läßt zur rechten Hand abheben, legt die zwei obersten Blätter (Talon)… …   Pierer's Universal-Lexikon

  • Preference — Préférence Voir « préférence » sur le Wiktionnaire …   Wikipédia en Français

  • preference — Preference. s. f. Choix que l on fait d une personne, d une chose plustost que d une autre. Preference certaine, incontestable. juste preference. demander, avoir, obtenir la preference. disputer, emporter la preference. donner la preference.… …   Dictionnaire de l'Académie française

  • Preference — Pref er*ence, n. [Cf. F. pr[ e]f[ e]rence.] 1. The act of Preferring, or the state of being preferred; the setting of one thing before another; precedence; higher estimation; predilection; choice; also, the power or opportunity of choosing; as,… …   The Collaborative International Dictionary of English

  • 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 (Glossary of Common Bankruptcy… …   Glossary of Bankruptcy

  • preference — [n1] first choice alternative, choice, cup of tea*, desire, druthers*, election, favorite, flash*, groove, inclination, option, partiality, pick, predilection, prepossession, propensity, say, say so*, selection, top, weakness; concepts 20,529,709 …   New thesaurus

  • preference — [pref′ər əns] n. [MFr préférence < ML praeferentia < L praeferens, prp. of praeferre, to PREFER] 1. a preferring or being preferred; greater liking 2. the right, power, or opportunity of prior choice or claim 3. something preferred; one s… …   English World dictionary

  • Préférence — (franz., spr. āngß , »Vorzug«), Kartenspiel zwischen drei Personen, das mit der deutschen Karte gespielt wird, und in dem die Mehrheit der Stiche den Gewinn entscheidet. Es hat seinen Namen von dem Vorzug, der darin einer Farbe vor der andern… …   Meyers Großes Konversations-Lexikon

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