privilege Meaning in Cambridge Business English Dictionary
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Meaning of "privilege" - Business English Dictionary

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privilege

noun [C or U]
 
 
/ˈprɪvəlɪdʒ/
a right or advantage that only a small number of people have: At the moment, it tends to be managers or technology-related workers who work from home - it's seen as something of a privilege for trusted employees. With power and privilege comes responsibility.be a privilege doing/to do sth It's been a pleasure and a privilege to work with you all.have the privilege of doing sth I had the privilege of studying at one of the country's leading business schools.for the privilege of doing sth Advertisers often subsidize entire TV productions or movie marketing campaigns for the privilege of featuring their brands.enjoy/earn a privilege It is possible that the company will one day command a premium rating, but the market clearly believes it has to earn that privilege.
LAW legal protection that a person or a group has because of their position within a society, for example the right to keep particular discussions, etc. private: the attorney-client privilege Executive privilege means that certain documents will not have to be disclosed.
(Definition of privilege from the Cambridge Business English Dictionary © Cambridge University Press)
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