Prioritize-Verb
to organize (things) so that the most important thing is done or dealt with first
to make (something) the most important thing in a group
http://www.merriam-webster.com/dictionary/prioritize
The word was found in the online newspaper on the New York Times on December 4, 2014. http://www.nytimes.com/2014/12/03/nyregion/the-4-billion-train-station-at-the-world-trade-center.html?_r=1. The word is used in the fifth paragraph ““We would not today prioritize spending $3.7 billion on the transit hub over other significant infrastructure needs,” Patrick J. Foye, the authority’s executive director, said in October.”
The word is being used in the sentence to describe the amount of money spend on and what was important. The word describes the importance of how much money it was spend on.