adjective
preferred
prih-FURD
adjective
1
Liked or chosen above other options; favored.
"Cash is still the preferred payment method at the market."
noun
1
(finance) Preferred stock — shares that get priority for dividends over ordinary shares.
"The company issued preferred to raise capital without diluting voting control."
How to Use Preferred
Learner’s notesIn plain EnglishThe favored choice — either in a general sense, or as a specific type of company stock with priority payouts.
Common pairings
preferred method
preferred stock
preferred customer
Word Forms
more preferred comparative, preferreds plural, most preferred superlative
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Cash is still the _____ payment method at the market.