definition of Priviledge by The Free Dictionary

priv·i·lege

 (prĭv′ə-lĭj, prĭv′lĭj)

n.

1.

a. A special advantage, immunity, permission, right, or benefit granted to or enjoyed by an individual, class, or caste. See Synonyms at right.

b. Such an advantage, immunity, or right held as a prerogative of status or rank, and exercised to the exclusion or detriment of others.

2. The principle of granting and maintaining a special right or immunity: a society based on privilege.

3.

a. Protection from being forced to disclose confidential communications in certain relationships, as between attorney and client, physician and patient, or priest and confessor.

b. Protection from being sued for libel or slander for making otherwise actionable statements in a context or forum where open and candid expression is deemed desirable for reasons of public policy.

4. An option to buy or sell a stock, including put, call, spread, and straddle.

tr.v. priv·i·leged, priv·i·leg·ing, priv·i·leg·es

1. To grant a privilege to.

2. To free or exempt.


American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

privilege

(ˈprɪvɪlɪdʒ)

n

1. a benefit, immunity, etc, granted under certain conditions

2. the advantages and immunities enjoyed by a small usually powerful group or class, esp to the disadvantage of others: one of the obstacles to social harmony is privilege.

3. (Government, Politics & Diplomacy) any of the fundamental rights guaranteed to the citizens of a country by its constitution

4. (Law)

a. the right of a lawyer to refuse to divulge information obtained in confidence from a client

b. the right claimed by any of certain other functionaries to refuse to divulge information: executive privilege.

5. (Parliamentary Procedure) the rights and immunities enjoyed by members of most legislative bodies, such as freedom of speech, freedom from arrest in civil cases during a session, etc

6. (Stock Exchange) stock exchange US a speculative contract permitting its purchaser to make optional purchases or sales of securities at a specified time over a limited period of time. See also call61, put20, spread24c, straddle9
vb (tr)

7. to bestow a privilege or privileges upon

8. (foll by from) to free or exempt

[C12: from Old French privilēge, from Latin prīvilēgium law relevant to rights of an individual, from prīvus an individual + lēx law]

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

priv•i•lege

(ˈprɪv ə lɪdʒ, ˈprɪv lɪdʒ)

n., v. -leged, -leg•ing. n.

1. a right, immunity, or benefit enjoyed by a particular person or a restricted group of persons.

2. a special right, immunity, or exemption granted to persons in authority or office to free them from certain obligations or liabilities.

3. a grant of a special right or immunity, under certain conditions.

4. the principle or condition of enjoying special rights or immunities.

5. any of the rights common to all citizens under a modern constitutional government.

6. an advantage or source of pleasure granted to a person: It’s my privilege to be here.

v.t.

7. to grant a privilege to.

8. to exempt (usu. fol. by from).

9. to authorize or license (something otherwise forbidden).

[1125–75; Middle English; earlier privilegie (privilege) prīvilēgium orig., a law for or against an individual =prīvi- (comb. form of prīvus one’s own) + lēg- (see legal) + -ium -ium1]
syn: privilege, prerogative refer to a special advantage or right possessed by an individual or group. A privilege is a right or advantage gained by birth, social position, effort, or concession. It can have either legal or personal sanction: the privilege of paying half fare; the privilege of calling whenever one wishes. prerogative refers to an exclusive right claimed and granted, often officially or legally, on the basis of social status, heritage, sex, etc.: the prerogatives of a king; the prerogatives of management.

Random House Kernerman Webster’s College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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