Preferred

Preferred is a term often used in various fields such as finance, law, medicine, and technology. It generally refers to something that is given priority or considered superior to other options.

Finance[edit | edit source]

In finance, preferred often refers to preferred stock or preferred shares. These are shares of a company's stock that have a higher claim on its earnings and assets than common stock. Preferred shareholders generally receive dividends before common shareholders and have a higher claim on assets if the company goes bankrupt. However, preferred shareholders usually do not have voting rights in the company.

Law[edit | edit source]

In law, preferred can refer to a preferred creditor. This is a creditor who is given priority over other creditors in the event of a debtor's bankruptcy. This can be due to a statutory provision or an agreement between the debtor and the creditor.

Medicine[edit | edit source]

In medicine, preferred can refer to a preferred drug list. This is a list of medications that are covered by a particular insurance plan. The drugs on this list are generally considered to be the most effective and cost-effective options for treating a particular condition.

Technology[edit | edit source]

In technology, preferred can refer to preferred settings or configurations. These are settings or configurations that are recommended by the manufacturer or developer for optimal performance.