privilege

Privilege is a right or advantage that you have others may not have.

(noun)

An example of a privilege is the money to afford an expensive education.

The definition of privilege is a right granted to some, but not to all.

(noun)

An example of a privilege is the right to join a specific club.

To privilege means to give someone a special favor.

(verb)

An example of to privilege is for a new manager to get extra perks.

See privilege in Webster's New World College Dictionary

noun

a right, advantage, favor, or immunity specially granted to one; esp., a right held by a certain individual, group, or class, and withheld from certain others or all others
a basic civil right, guaranteed by a government
an option, as a put or call, to buy or sell a stock

Origin: OFr < L privilegium, an exceptional law for or against any individual < privus, private + lex (gen. legis), law: see legal

See privilege in American Heritage Dictionary 4

noun

a. A special advantage, immunity, permission, right, or benefit granted to or enjoyed by an individual, class, or caste. See Synonyms at right.
b. Such an advantage, immunity, or right held as a prerogative of status or rank, and exercised to the exclusion or detriment of others.
The principle of granting and maintaining a special right or immunity: a society based on privilege.
a. Protection from being forced to disclose confidential communications in certain relationships, as between attorney and client, physician and patient, or priest and confessor.
b. Protection from being sued for libel or slander for making otherwise actionable statements in a context or forum where open and candid expression is deemed desirable for reasons of public policy.
An option to buy or sell a stock, including put, call, spread, and straddle.