simple past tense and past participle of prefer / simple past tense and past participle of preferre

favoured

(finance) Preferred stock.

plural of preferred

(transitive) To be in the habit of choosing something rather than something else; to favor; to like better. / (transitive, now dated) To advance, promote (someone or something).

Third-person singular simple present indicative form of preference

plural of preference

(computing) The user-specified settings of parameters in interactive computer software

The selection of one thing or person over others (with the main adposition being "for" in relation to the thing or person, but possibly also "of") / The option to so select, and the one selected.

(US) To give preferential treatment to; to give a preference to.