privity

[ˈprɪvəti]

privity Definition

• 1. the state of being involved in a particular matter or event, especially as a signatory or party to it
• 2. a close, mutual, or successive relationship to the same right of property or the same subject of contract

Using privity: Examples

Take a moment to familiarize yourself with how "privity" can be used in various situations through the following examples!

• Example

  The contract was signed by the parties in privity with each other.

• Example

  The doctrine of privity of contract means that only parties to a contract can sue or be sued on it.

• Example

  The landlord and tenant have privity of estate.

privity Synonyms and Antonyms

Synonyms for privity

• involvement
• connection
• association
• relation

Phrases with privity

• privity of contract

  the principle that only parties to a contract have rights or obligations under it

  Example

  The doctrine of privity of contract means that only parties to a contract can sue or be sued on it.

• privity of estate

  a relationship between successive owners of the same property

  Example

  The landlord and tenant have privity of estate.

• lack of privity

  the absence of a relationship between parties to a contract or property

  Example

  The plaintiff could not sue the defendant for breach of contract due to lack of privity.

Origins of privity

from Old French 'privité', from Latin 'privitas', meaning 'privacy'

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Summary: privity in Brief

'Privity' [ˈprɪvəti] refers to being involved in a particular matter or event, especially as a signatory or party to it. It also denotes a close relationship to the same right of property or the same subject of contract. Examples include 'The contract was signed by the parties in privity with each other.' and 'The landlord and tenant have privity of estate.'