Meaning of the word privity in English
What does privity mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
privity
US /ˈprɪv.ɪt̬.i/
UK /ˈprɪv.ə.ti/
Noun
1.
a relationship between parties that is recognized by law, such as that between the parties to a contract, or between a trustee and beneficiary
Example:
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There was no privity of contract between the two companies.
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The doctrine of privity of contract states that only parties to a contract can sue or be sued on it.
2.
knowledge of something private or secret
Example:
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She was granted privity to the confidential documents.
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Only a few trusted advisors had privity of the king's plans.