1. a legal relationship between parties that allows one to sue or be held liable by the other
Usage: legal
2. private or secret knowledge shared between people
Usage: formal; archaic

Examples

• The court ruled there was no privity of contract between the manufacturer and the end user.
• Privity of estate exists between a landlord and tenant.
• Without privity, the third party cannot sue for breach of contract.
• The attorney explained the concept of privity to his client.
• She was admitted to the privity of their secret plans.
• The old friends shared a privity that excluded others from their conversations.