priv•i•lege(priv′ə lij, priv′lij),USA pronunciationn., 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.
to grant a privilege to.
to exempt (usually fol. by from).
to authorize or license (something otherwise forbidden).
Medieval Latin prīvilēgiāre, derivative of prīvilēgium
Middle French privilegier)
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 (
1.See corresponding entry in UnabridgedPrivilege,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.See corresponding entry in Unabridged license, freedom, liberty.