Define: Privilege

Business, Legal & Accounting Glossary

Definition: Privilege

Quick Summary of Privilege

Advantage gained by title, position, or relationship.

What is the dictionary definition of Privilege?

Dictionary Definition

A special right, advantage, or immunity granted or available only to a particular person or group.

  • An exemption from certain laws granted by the Pope.
  • A particular benefit, advantage, or favor; a right or immunity enjoyed by some but not others; a prerogative, preferential treatment.
  • An especially rare or fortunate opportunity; the good fortune (to do something).
  • The fact of being privileged; the status or existence of (now especially social or economic) benefit or advantage within a given society.
  • A right or immunity enjoyed by a legislative body or its members.
  • A stock market option.
  • A common law doctrine that protects certain communications from being used as evidence in court.
  • An ability to perform an action on the system that can be selectively granted or denied to users; permission.
  • To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize; as, to privilege representatives from arrest.
  • To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver.


Examples of Privilege in a sentence

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?

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Privilege. Payroll & Accounting Heaven Ltd. April 05, 2020
Chicago Manual of Style (CMS):
Privilege. Payroll & Accounting Heaven Ltd. (accessed: April 05, 2020).
American Psychological Association (APA):
Privilege. Retrieved April 05, 2020, from website:

Definition Sources

Definitions for Privilege are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020