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English definition of “preferment”

preferment

noun [U]
 
 
/prɪˈfɜːmənt/ HR
the process by which someone receives a more important job, position, etc.: Not only does he bring the wisdom and good sense of years to his job, he is old enough not to be looking for any preferment.
(Definition of preferment from the Cambridge Business English Dictionary © Cambridge University Press)
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