Cite
 

Meaning of prepreference

pre•pref•er•ence

Pronunciation: (prē-pref'ur-uns, -pref'runs), [key]
— adj. Brit.
  1. taking precedence over preference shares in dividends or in capital distribution at the time of dissolution or liquidation of a business.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.