That tune is an old favorite from the 1930s.
Mary would not admit that she had a favorite among her nieces and nephews.
This story is one of my favorites by Edgar Allen Poe.
WordNet 3.0 Sense Numbers: 1, 2
He was the early favorite to win the South Carolina caucuses.
The chestnut filly is the favorite to win the 2 and a quarter mile race.
WordNet 3.0 Sense Numbers: 3