priority

(prī-ôr'ĭ-tē, -ŏr'-)
n., pl., -ties.

1. Precedence, especially established by order of importance or urgency.
2. 1. An established right to precedence.
   2. An authoritative rating that establishes such precedence.
3. A preceding or coming earlier in time.
4. Something afforded or deserving prior attention.

[Middle English priorite, from Old French, from Medieval Latin priōritās, from Latin prior, first. See prior².]

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A particular order, or sequence, in which things take place (items processed, users served, etc.). A priority is based on a predetermined assignment of value, or importance, to different types of events and people.

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system used in an auction market, in which the first bid or offer price is executed before other bid and offer prices, even if subsequent orders are larger. Orders originating off the floor (see off-floor order) of an exchange also have priority over on-floor orders.
See also matched and lost; precedence.

Previous:	Prior-Preferred Stock, Prior-Lien Bond
Next:	Private Activity Bond, Private Equity Fund

Legal precedence; having preferred status. Generally, upon foreclosure , lenders are repaid according to priority.


Example: Abel’s home was foreclosed and sold for $25,000.
Unpaid taxes and attorney’s fees were accorded priority, and paid in full. The rest of the sales proceeds was applied against the first mortgage.
There was nothing for the second mortgage , because it was lower in priority.

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noun

The act, condition, or right of preceding: antecedence, precedence, precedency, right of way. See precede/follow.

n

Definition: first concern
Antonyms: unimportance

n.with reference to operation plans and the tasks derived therefrom, an indication of relative importance rather than an exclusive and final designation of the order of accomplishment.

See the Introduction, Abbreviations and Pronunciation for further details.

sign description: The P-hand begins at the pinky of the 5-hand and moves up to the thumb.

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Quotes:

"Priority is a function of context." - Stephen R. Covey

"The older I get the more wisdom I find in the ancient rule of taking first things first. A process which often reduces the most complex human problem to a manageable proportion." - Dwight D. Eisenhower

"It is the mark of great people to treat trifles as trifles and important matters as important." - Doris Lessing

"It is very sad for a man to make himself servant to a single thing; his manhood all taken out of him by the hydraulic pressure of excessive business." - Theodore Parker

See words rhyming with "priority."

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Dansk (Danish)
n. - fortrinsret, prioritet

Nederlands (Dutch)
prioriteit, voorrang

Français (French)
n. - priorité

Deutsch (German)
n. - Priorität, Vorrang, vordringliche Angelegenheit

Ελληνική (Greek)
n. - προτεραιότητα

Italiano (Italian)
precedenza, priorità

Português (Portuguese)
n. - prioridade (f)

Русский (Russian)
приоритет

Español (Spanish)
n. - prioridad, anterioridad

Svenska (Swedish)
n. - prioritet, företräde(srätt)

中文（简体）(Chinese (Simplified))
先, 优先, 前

中文（繁體）(Chinese (Traditional))
n. - 先, 優先, 前

한국어 (Korean)
n. - 앞[먼저] 임

日本語 (Japanese)
n. - 前であること, 重要なこと, 優先, 優先権, 優先順位

العربيه (Arabic)
‏(الاسم) أولويه‏

עברית (Hebrew)
n. - ‮עדיפות, זכות בכורה, קדימה‬

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