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privity

privity

9.9
A legal link between people or companies that gives rights and duties under a contract
  • noun
  • /ˈprɪvɪti/
  • Formal
: priviligio
  • The judge emphasized that a clear privity must exist between the parties for the contract to be enforceable.
  • the concept of privity

Examples

  • Meanwhile, the homeowners association may not have a duty under common law to disclose information because it's not in privity with the buyer, he notes.

    Academic text (2005)
  • The privity concept developed primarily in the adversarial context of litigation, she notes, where it remains largely inviolate.

    Academic text (1995)
  • For that reason, Hall says the erosion of privity may have reached its far point.

    Academic text (1995)
  • The court rejected the appellants' privity of contract argument for several reasons.

    Academic text (2017)
  • Under the appellants' theory, all consumers were in privity of contract with all producers in the California markets, including the government sellers.

    Academic text (2017)
  • The long-established concept of privity, which forged a bond between lawyers and their clients through good times and bad, is crumbling.

    Academic text (1995)
  • Increasingly, lawyers must anticipate the possibility that they will be sued for malpractice by parties not covered under the traditional blanket of privity.

    Academic text (1995)
  • Bresnahan argues that lawyers' adherence to the privity rule has not been primarily motivated by self-protection.

    Academic text (1995)
  • The CoFC dismissed the appellants' breach of contract action, holding that the appellants lacked standing because they were not in privity of contract with the federal government.

    Academic text (2017)
  • In legal disputes, privity is essential to determining which parties hold rights and obligations under the agreement.

Antonyms

∞ 1.0

Open or available to everyone, not private

∞ 1.0

Shared by two or more people

Surface Forms

privity singular
privities plural

Morphology

privity = private (opaque) = priv + ity

The legal term 'privity' is not directly derivable from 'private' using standard English rules.

Etymology

Privity comes from privy and the root priv-, which means 'private' or 'separate'. So in law it means a private connection between people or companies, and only those in that private link have the rights or duties from a contract.