Definition of privity in English:

privity

Syllabification: priv·i·ty
Pronunciation: /ˈprivitē
 
/

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
More example sentences
  • Immediate parties are those who, in addition to the privity created by the bill, have a direct legal relationship with each other.
  • The definition of owner includes any person having an interest in the premises at whose request and with whose privity or consent an improvement is made to the premises.
  • There is no problem with privity here: the vital question is instead whether collective bargains are intended to have legal effect.

Origin

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

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