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prepreference

American  
[pree-pref-er-uhns, -pref-ruhns] / priˈprɛf ər əns, -ˈprɛf rəns /

adjective

British.
  1. taking precedence over preference shares in dividends or in capital distribution at the time of dissolution or liquidation of a business.


Etymology

Origin of prepreference

First recorded in 1880–85; pre- + preference