Preferential
/prɪˈfɛrənʃəl/
Definitions
- (adj.) Relating to or showing preference or priority over others.
The company granted preferential treatment to its long-term clients.
- (adj.) Denoting rights, especially financial, that are superior or given priority over others.
Preferential creditors are paid before unsecured creditors in a bankruptcy.
Forms
- preferentially
Related terms
See also
Commentary
Typically used in legal and financial contexts to denote prioritized rights or treatment; clarity is important to distinguish from equal or non-preferential terms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.