I have a preference for the green one.
2. An affinity.She has a preference for tall men.
3. A greater liking.I prefer cake over pie.
4. A persistent choice or pattern of choices.My boss prefers everyone to work from the office.
5. A priority.You are the preferred candidate for the position.
6. An advantage over others.We give preference to candidates from disadvantaged groups.
7. A right or power to claim or choose first.If a company goes bankrupt preferred stockholders are entitled to be paid before common stockholders.