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privity

Syllabification: (priv·i·ty)
Pronunciation: /ˈprivitē/
Definition of privity

noun (plural privities)

Law
  • a relation between two parties that is recognized by law, such as that of blood, lease, or service:the parties no longer have privity with each other a warehouseman not in privity with the government

Origin:

Middle English (in the sense 'secrecy, intimacy'): from Old French privete, from medieval Latin privitas, from Latin privus 'private'

privity in other Oxford dictionaries

Definition of privity in the British & World English dictionary