/prɪˈɔrəti/ – Noun
Definition: 1. quyền ưu tiên, vị trí hàng đầu, sự vượt trội hơn, ưu thế, sự quan trọng hơn;
2. thứ tự ưu tiên, theo trình tự lần lượt;
3. ngày sớm hơn, ngày ưu tiên.
A more thorough explanation: Priority refers to the condition or quality of being more important or having precedence over others in terms of time, order, or importance. In a legal context, priority may refer to the right to precede or take precedence over others in a specific situation, such as in the payment of debts or the distribution of assets.
Example: The court will determine the priority of the creditor’s claim in the bankruptcy proceedings.
