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in the PONS Dictionary

preference [ˈprefərəns] N

1. preference no pl (priority):

preference
preference
to give preference to sb/sth [or to give sb/sth preference]

2. preference (preferred thing):

preference
to have a preference for sth
which is your personal preference?
my preference is...

Phrases:

in preference to

consumer preference N

consumer preference

preference shares N pl ECON

preference shares