noun an earlier event or action that is regarded as an example or guide to be considered in subsequent similar circumstances
adjective preceding in time, order, or importance
In politics, a precedent can be a past event or action that sets a standard or expectation for future political decisions or behaviors.
In historical contexts, a precedent can be a significant event or action that influences future events or decisions in a similar manner.
In legal contexts, a precedent is a previous decision or ruling that serves as an authoritative example for future cases.
In financial markets, a precedent refers to a past transaction or deal that is used as a reference point for current or future transactions.
In business, a precedent can refer to a previous successful strategy or action that is used as a model for future decisions.
Writers often refer to precedent when discussing the influence of past works on current literature. They may analyze how certain themes, styles, or techniques have set a precedent for future writers to follow.
Psychologists may consider precedent when evaluating a patient's behavior or mental health condition. They may look at past cases or studies to determine the best course of treatment based on what has been successful in similar situations.