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.