Preferment

Part of speech: noun (n.)

1. The act of choosing, or the state of being chosen; preference. [R.] Natural preferment of the one . . . before the other. Sir T. Browne.

2. The act of preferring, or advancing in dignity or office; the state of being advanced; promotion. Neither royal blandishments nor promises of valuable preferment had been spared. Macaulay.

3. A position or office of honor or profit; as, the preferments of the church.