- privilege priv‧i‧lege [ˈprɪvlɪdʒ] noun1. [countable] a special advantage given to a small group of people, organizations, countries etc:
• The new trade privileges will enhance Vienna's effort to attract US companies.
• The Treasury will allow dealers to bid on government securities, a privilege previously restricted to only 39 firms.2. [countable, uncountable] LAW a right in law that protects a person, for example by not forcing them to discuss something, or allowing them freedom to say things that would not normally be acceptable; =immunity:
• Ms. Backiel asserted the attorney-client privilege and refused to discuss the case.
• Committee members expressed concern that the case could threaten Parliament's traditional privileges.— privileged adjective :
• The information will remain privileged because it is the result of Westinghouse's relationship with its lawyers.
* * *privilege UK US /ˈprɪvəlɪdʒ/ noun [C or U]► a right or advantage that only a small number of people have: »
At the moment, it tends to be managers or technology-related workers who work from home - it's seen as something of a privilege for trusted employees.»
With power and privilege comes responsibility.be a privilege doing/to do sth »
It's been a pleasure and a privilege to work with you all.have the privilege of doing sth »
I had the privilege of studying at one of the country's leading business schools.for the privilege of doing sth »
Advertisers often subsidize entire TV productions or movie marketing campaigns for the privilege of featuring their brands.enjoy/earn a privilege »
It is possible that the company will one day command a premium rating, but the market clearly believes it has to earn that privilege.► LAW legal protection that a person or a group has because of their position within a society, for example the right to keep particular discussions, etc. private: »
the attorney-client privilege»
Executive privilege means that certain documents will not have to be disclosed.
Financial and business terms. 2012.