privilege

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 /ˈprɪvɪlɪdʒ/



WordReference Random House Learner's Dictionary of American English © 2015
priv•i•lege /ˈprɪvəlɪdʒ, ˈprɪvlɪdʒ/USA pronunciation   n. 
  1. [uncountable] a special right or exemption granted to persons in authority that frees them from certain obligations:The president claimed executive privilege.
  2. [uncountable] the principle or condition of enjoying special rights or advantages:a life of wealth and privilege.
  3. [countable] a right or advantage that one enjoys, as because of a job:had special parking privileges for as long as she wanted them.
  4. [countable] an advantage or source of pleasure granted to a person:It's my privilege to be here.
See -priv-,-leg-.
WordReference Random House Unabridged Dictionary of American English © 2015
priv•i•lege  (privə lij, privlij), 
n., v., -leged, -leg•ing. 

n. 
  • a right, immunity, or benefit enjoyed only by a person beyond the advantages of most:the privileges of the very rich.
  • a special right, immunity, or exemption granted to persons in authority or office to free them from certain obligations or liabilities:the privilege of a senator to speak in Congress without danger of a libel suit.
  • a grant to an individual, corporation, etc., of a special right or immunity, under certain conditions.
  • the principle or condition of enjoying special rights or immunities.
  • any of the rights common to all citizens under a modern constitutional government:We enjoy the privileges of a free people.
  • an advantage or source of pleasure granted to a person:It's my privilege to be here.
  • [Stock Exchange.]an option to buy or sell stock at a stipulated price for a limited period of time, including puts, calls, spreads, and straddles.

  • v.t. 
  • to grant a privilege to.
  • to exempt (usually fol. by from).
  • to authorize or license (something otherwise forbidden).
  • Etymology:1125–75; (noun, nominal) Middle English;
    earlier privilegie ( Old French privilege) Latin prīvilēgium origin, originally, a law for or against an individual, equivalent. to prīvi- (combining form of prīvus one's own) + lēg- (see legal) + -ium -ium;
    (verb, verbal) Middle English privilegen ( Middle French privilegier) Medieval Latin prīvilēgiāre, derivative of prīvilēgium
    privi•leg•er, n. 
    1 . 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.4 . license, freedom, liberty.


    Collins Concise English Dictionary © HarperCollins Publishers::

    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. 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
    vb (transitive)
    1. to bestow a privilege or privileges upon
    2. (followed by from) to free or exempt
    Etymology: 12th Century: from Old French privilēge, from Latin prīvilēgium law relevant to rights of an individual, from prīvus an individual + lēx law



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