Feminine noun. Priority or preference with which something should be attended to with respect to something else with which it is compared. If you asked me what the difference between prioridad and prelación is, my first thought would be that prelación is more common in legal contexts because the term prelación implies the idea of order. What I mean is that I would use prelación when speaking about a list. One very common expression is derecho de prelación: the right to be preferred or attended to before others in a legally established order. El acreedor hipotecario tiene derecho de prelación sobre otros acreedores → The mortgage creditor has priority rights over other creditors; Los socios tendrán derecho de prelación para adquirir las acciones ofrecidas en venta → The shareholders shall have a preferential right to acquire the shares offered for sale. The adjective is prelatorio/a and the adverb, of course, prelatoriamente. dc
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