Meaning of the word preferment in English

What does preferment mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

preferment

UK /prɪˈfɜːmənt/

Noun

the process by which someone receives a more important job, position, etc.:

Example:
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.