A tentative lover’s foolish ranking of preferences (11,4)
I believe the answer is:
alternative vote
'ranking of preferences' is the definition.
'a tentative lover's foolish' is the wordplay.
'foolish' indicates an anagram.
'tentative'+'lover'='tentativelover'
'tentativelover' anagrammed gives 'lternativevote'.
'a'+'lternativevote'='ALTERNATIVE VOTE'
(Other definitions for alternative vote that I've seen before include "Electoral reform" , "AV in full" , "Electoral system" .)