preference
preference n. 优先权 １诸如：优先受偿权，破产时部分债权人享有的全部或部分债权优先受偿的权利；优先认购权，公司股东依其原持股比例优先认购公司新发行股份的权利〔preemptive right〕等。２此词常与另一词「priority」混用；法律可以认定preference为可撤销，而priority则总是合法的。
PREFERENCE
preference
preference. 1. The act of favoring one person or thing over another; the person or thing so favored. 2. Priority of payment given to one or more creditors by a debtor; a creditor’s right to receive such priority. 3. Bankruptcy. PREFERENTIAL TRANSFER. insider preference. A transfer of property by a bankruptcy debtor to an insider