The right to precede others or be treated with preference; priority.

priority level; the relative importance of a task or item, especially in computing; the precedence of mathematical or logical operators

Stock that gives the holder a priority claim on dividends and assets over common stock; preference shares

the legal right to have the first opportunity to purchase something before it is offered to others; preemptive right to purchase

a matter or task that is regarded as more important than others and is dealt with first

the right of current shareholders to maintain their fractional ownership by buying a proportional share of any new stock issuance

Ladies first!