Definition
| • | A peculiar benefit, advantage, or favor; a right or immunity not enjoyed by others or by all; special enjoyment of a good, or exemption from an evil or burden; a prerogative; advantage; franchise. |
| • | See Call, Put, Spread, etc. |
| • | To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize; as, to privilege representatives from arrest. |
| • | To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver. |
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