An example of a privilege is the right to join a specific club.
An example of a privilege is the money to afford an expensive education.
An example of to privilege is for a new manager to get extra perks.
A society based on 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?
In order to advance racial equality in the United States, what we've got to do is reduce white privilege.
Origin of privilege
From American Heritage Dictionary of the English Language, 5th Edition