- (n.) See Call, Put, Spread, etc.
- (n.) A peculiar benefit, advantage or favor; a right or immunity not enjoyed by others or by all; special enjoyment of a good or exemption from an evil or burden; a prerogative; advantage; franchise.
- (v.t.) To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver.
- (v.t.) To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize; as, to privilege representatives from arrest.
Webster's Revised Unabridged Dictionary
| APA | Webster's. (2011). privilege. Retrieved September 21, 2026, from http://smartdefine.org/privilege/definitions/2049341 |
| Chicago | Webster's. 2011. "privilege" http://smartdefine.org/privilege/definitions/2049341 (accessed September 21, 2026). |
| Harvard | Webster's 2011, privilege, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/privilege/definitions/2049341>. |
| MLA | Webster's. "privilege" 27 May 2011. Web. 21 September 2026. <http://smartdefine.org/privilege/definitions/2049341> |