Business, Legal & Accounting Glossary
Advantage gained by title, position, or relationship.
A special right, advantage, or immunity granted or available only to a particular person or group.
The board’s discussions with the legal team cannot be made public, because they are protected under the attorney-client privilege.
The first fifty people to buy a ticket will have the privilege of shaking hands with the President.
Your honour, my client is not required to answer that; her response is protected by the attorney-client privilege.
All first-year professors here must teach four courses a term, yet you’re only teaching one! What entitled you to such a privilege?
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This glossary post was last updated: 15th February, 2020