preferences

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Preference

The practice of executing trades and other transactions by means other than the open market. For example, if one needs roofing repairs on one's house, one may select one's brother's roofing business even if it is more expensive. In securities, preference often occurs in over-the-counter trades, especially within a brokerage. Preference can, but does not always, lead to economic inefficiency.

preferences

the CHOICES made by consumers as to which products to consume. The strength of consumer preferences will determine which products they buy with their limited disposable income and thus the DEMAND for products. As well as choosing which products to buy, consumers will also express preferences as to which particular BRAND of a product to purchase. See CONSUMER EQUILIBRIUM, PRICE SYSTEM.
References in periodicals archive ?
If you have PS1,000 going spare then the options menu offers the state-of-the-art sat nav system, digital radio and Bluetooth connectivity for your mobile.
Using a configurable options menu, customers can now place an order for any first generation 1FK7 servomotor and have it drop-shipped in three weeks.
Going into the options menu, you get a pop up that looks like the one on Symbian.
Using a configurable options menu to build the exact motor required, customers can now place an order for any Siemens 1FK7 servomotor and have it drop-shipped in three weeks.
WE'VE teamed up with Frankie & Benny's to offer readers pounds 5 off their new lighter options menu.
A LIVERPOOL charity is working in partnership with one of the city's independent coffee and catering companies to offer city workers a healthy options menu.
A new Paste Options menu will have you converting formulas to values in two keystrokes.
Using a configurable options menu to build exactly the motor required, customers can now place an order for any 1FK7 servomotor and have it drop-shipped in three weeks.
An Options menu allows him to control how the system should react if these values are exceeded.
Callstream has made its move easier through the effective installation of phone lines with non-geographic numbers, together with IVR, messaging and options menu.
The SNAPin service reportedly allows users to navigate an on-screen visual options menu, allowing them to answer questions or resolve problems on the handset, or opt to connect to the call centre or obtain an automatic response.
Additional applications are easily downloaded and installed using the Options menu option on the PortableApps.com menu.