noun

1. (ecclesiastical law) An exemption from certain laws granted by the Pope.

2. A particular benefit, advantage, or favor; a right or immunity enjoyed by some but not others; a prerogative, preferential treatment.

   “All first-year professors here must teach four courses a term, yet you're only teaching one! What entitled you to such a privilege?”

3. An especially rare or fortunate opportunity; the good fortune (to do something).

Synonyms: advantage, foredeal, claim, liberty, franchise, freelage, immunity, prerogative

verb

1. To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize

   “to privilege representatives from arrest”

2. To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver.