Definition of pre-preference in English:

pre-preference

adjective

Finance
  • Ranking before preference bonds, shares, claims, etc., with regard to security, payment of dividend, or interest.

Origin

Mid 19th century; earliest use found in The Times. From pre- + preference.

Pronunciation

pre-preference

/priːˈprɛf(ə)r(ə)ns//priːˈprɛf(ə)rəns/