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Phonetics
/ˈfeɪv.ɹɪt/
noun
A person or thing who enjoys special regard or favour.
Example: The teacher's favourite always went first.A person who is preferred or trusted above all others.
A contestant or competitor thought most likely to win.
Example: She's the favourite, she'll probably be elected.A bookmark in a web browser.
(in the plural) A short curl dangling over the temples, fashionable in the reign of Charles II.
verb
To favour.
To bookmark.
To add to one's list of favourite items on a website that allows users to compile such lists.
adjective
Preferred or liked above all others (unless qualified).
Example: This is my second favourite occupation.Belonging to a category whose members are all preferred or liked over nonmembers.
Example: I just saw a movie with all my favourite actors in it.