Connotation and Preference

noun

• What you must know in order to determine the reference of an expression.
  • synonyms: intension
• An idea that is implied or suggested. .

(n.) The act of connoting; a making known or designating something additional; implication of something more than is asserted.

noun

• A strong liking.
  • usage: "my own preference is for good literature"; "the Irish have a penchant for blarney"
  • synonyms: penchant, predilection, taste
• A predisposition in favor of something.
  • usage: "a predilection for expensive cars"; "his sexual preferences"; "showed a Marxist orientation"
  • synonyms: predilection, orientation
• The right or chance to choose.
  • usage: "given my druthers, I'd eat cake"
  • synonyms: druthers
• Grant of favor or advantage to one over another (especially to a country or countries in matters of international trade, such as levying duties. ).

• (n.) That which is preferred; the object of choice or superior favor; as, which is your preference?.
• (n.) The act of Preferring or the state of being preferred; the setting of one thing before another; precedence; higher estimation; predilection; choice; also, the power or opportunity of choosing; as, to give him his preference.

preference is a legal term used in bankruptcy to describe a transaction deemed to have occurred under circumstances favorable to the creditor that benefited from the transaction. This provision is intended to protect unsecured creditors. Under the U. S. Bankruptcy Code, the preference period for most creditors is 90 days prior the date of the debtor's petition filing. The exception is a one year preference period applicable to creditors deemed to be an "insider" with respect to the bankrupt debtor. Collateral interests obtained by a creditor during the preference period are undone by the bankruptcy. See: insiders.