Origin of preference
British Dictionary definitions for self-preference
- the settling of the claims of one or more creditors before or to the exclusion of those of the others
- a prior right to payment, as of a dividend or share in the assets of a company in the event of liquidation
Word Origin and History for self-preference
mid-15c., "advancement in position or status;" 1650s as "act of prefering," from Middle French preference (14c., Modern French préférence), from Medieval Latin preferentia, from past participle stem of Latin praeferrere (see prefer). Sense of "that which one prefers" is from 1852.