preferment

(prē fʉrmənt, pri-)

noun

  1. the act of preferring
  2. an advancement in rank or office; promotion
  3. an office, rank, or honor to which a person is advanced

See preferment in American Heritage Dictionary 4

noun
  1. The act of advancing to a higher position or office; promotion.
  2. A position, appointment, or rank giving advancement, as of profit or prestige.
  3. The act of preferring or the state of being preferred.

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