preferment

noun pre·fer·ment \pri-ˈfər-mənt\

: the act of moving someone to a higher or more important position or rank in an organization

Full Definition of PREFERMENT

a : advancement or promotion in dignity, office, or station

b : a position or office of honor or profit

: priority or seniority in right especially to receive payment or to purchase property on equal terms with others

: the act of bringing forward (as charges)

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15th century

Synonyms: ascent, creation, elevation, preference, advancement, promotion, rise, upgrade, upgrading

Antonyms: abasement, comedown, degradation, demotion, disrating, downgrade, reduction

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