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n. the right to be first or ahead of the rights or claims of others. In bankruptcy law, the right to collect before other creditors is given to taxing authorities, judgment holders, secured creditors, bankruptcy trustees and attorneys. The right also can apply to mortgages, deeds of trusts or liens given priority in the order they were recorded (in the "race to the courthouse").

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

PRIORITY. Going before; opposed to posteriority. (q.v.)
     2. He who has the precedency in time has the advantage in right, is the maxim of the law; not that time, considered barely in itself, can make any such difference, but because the whole power over a thing being secured to one person, this bars all others from obtaining a title to it afterwards. 1 Fonb. Eq. 320.
     3. In the payment of debts, the United States are entitled to priority when the debtor is insolvent, or dies and leaves an insolvent estate. The priority was declared to extend to cases in which the insolvent debtor had made a voluntary assignment of all his property, or in which his effects had been attached as an absconding or absent debtor, on which an act of legal bankruptcy had been committed. 1 Kent, Com. 243; 1 Law Intell. 219, 251; and the cases there cited.
     4. Among common creditors, he who has the oldest lien has the preference; it being a maxim both of law and equity, qui prior est tempore, potior est jure. 2 John. Ch. R. 608. Vide Insolvency; and Serg. Const. La*, Index, h.t.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
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Adams commented, 'I am excited to join forces with Priority and pool together the resources of our organizations to add complementary services to our shared customers.
But, though all these make possible even the terms final priority and last priority, the word priority refers only to "first consideration", "first treatment" or "first action".
Currently, Priority is the 7th largest non-bank merchant acquirer in the United States.
It is similar to our system but ours' does not reject the access belonging to priority access group and processes it prior to other accesses.
The user can assign priorities in a range (in our case 0 to 2), in which zero represents the highest priority and two the lowest one.
As a premiere website development company in Rancho Cucamonga, WSI Priority Media offers a unique slate of services.
This article is primarily focused on Priority Groups 1 through 5.
Here is a process I use for ensuring that the priority claim(s) for my patent applications are accurate and complete.
President Benigno Aquino III earlier mentioned six priority measures in his fifth State of the Nation Address (SONA).
Bank Muscat marked the expansion of asalah Priority Banking network with the inauguration of a new personalised banking centre at Sohar branch under the auspices of Shaikh Said bin Sultan al Shibli.
An official on condition of anonymity said there is widespread violation of the approved policy which states that domestic followed by commercial sector would be the top priority. Power sector was allocated second priority and general industrial, fertilizer and captive power plants were accorded third priority.
Hutton ANTI-SOCIAL behaviour in Ledbury Way and Dorset Road Estate remains a police priority.

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