1. in a way that shows approval or support
2. in a way that is advantageous or beneficial

Examples

• The critics reviewed the new movie favorably.
• She spoke favorably about her former colleague.
• The weather conditions were favorably aligned for the outdoor event.
• The judge looked favorably upon the defendant’s community service.
• The proposal was received favorably by the board of directors.
• Interest rates are moving favorably for homebuyers.
• The team’s performance compared favorably to last season’s record.