privileged


privileged
privilege priv‧i‧lege [ˈprɪvlɪdʒ] noun
1. [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.

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privileged UK US /ˈprɪvəlɪdʒd/ adjective
having special rights or advantages that only a small number of people have: »

Shareholders may have privileged access to important information.

»

Those joining the privileged few at the top of the firm have been responsible for some of the company's greatest successes.

be/feel privileged to do/have done sth »

I feel privileged to have had such a long and interesting career.

»

a privileged position/background/upbringing


Financial and business terms. 2012.