Priv'i·ty noun ; plural Privities (-tĭz). [ From Privy , adjective : confer French privauté extreme familiarity.] 1. Privacy; secrecy; confidence. Chaucer. « I will unt...
Found op http://www.encyclo.co.uk/webster/P/164
• (a.) Privacy; secrecy; confidence. • (a.) Private knowledge; joint knowledge with another of a private concern; cognizance implying consent or concurrence. • (a.) A private matter or business; a secret. • (a.) The genitals; the privates. • (a.) A connection, or bond of uni...
Found op http://thinkexist.com/dictionary/meaning/privity/
privity 1. The state of sharing knowledge of or colluding in something secret. 2. A legally recognized relationship between two parties; such as, between members of a family, between an employer and employees, or between others who have entered into a contract together. 3. A successive or mutual r...
Found op http://www.wordinfo.info/words/index/info/view_unit/1753/2
- An interest in a transaction, contract or legal action to which one is not a party, arising out of a relationship to one of the parties.
Found op http://www.nysscpa.org/prof_library/guide.htm
The mutual or successive relationship to the same rights of property.PRIVITY OF CONTRACT. The relation which subsists between two contracting parties. From the nature of the covenant entered into by him, a lessee has both privity of contract and of estate; and though by an assignment of his lease he...
Found op http://www.lectlaw.com/def2/p165.htm
n.The mutual, close and successive relationship between two parties for a particular transaction or property or contract where they both share a common interest.Thus, it`s a relationship close enough such that one party can support the legal claims for or against the party in above relation. In the ...
Found op http://www.legal-explanations.com/definitions/privity.htm
n. contact, connection or mutual interest between parties. The term is particularly important in the law of contracts, which requires that there be "privity" if one party to a contract can enforce the contract by a lawsuit against the other party. Thus, a tenant of a buyer of real property cannot su...
Found op http://dictionary.law.com/Default.xhtml?selected=1617
Privity is the legal term for a close, mutual, or successive relationship to the same right of property or the power to enforce a promise or warranty. It is an important concept in contract law. ==Contract law== The principle of privity in the common law`s law of contract dictates that an individua...
Found op http://en.wikipedia.org/wiki/Privity
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