Crossword Genius

Prince alluded to being held in high esteem (9)

Ross

I believe the answer is:

preferred

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'held in high esteem' is the definition.
The definition and answer can be both related to thinking as well as being past participle verbs.
Maybe they are linked in a way I don't understand?

'prince alluded' is the wordplay.
'prince' becomes 'p'.
'alluded' becomes 'referred' (I've seen this before).
'p'+'referred'='PREFERRED'

'to being' is the link.

Can you help me to learn more?

(Other definitions for preferred that I've seen before include "Chose before others" , "Was partial to" , "Liked better" , "choice" , "singled out" .)

I've seen this clue in The Hindu.
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