privity

priv·i·ty

P0570800 (prĭv′ĭ-tē)n. pl. priv·i·ties 1. Knowledge of something private or secret shared between individuals, especially with the implication of approval or consent.2. Law A relation of interest or identity between parties close enough to make one party subject to a suit on a claim against the other or conferred with the same rights and obligations as the other.

[Middle English privete, secrecy, privacy, from Old French, from Medieval Latin prīvitās, from Latin prīvus, single, alone; see per in Indo-European roots.]

privity

(ˈprɪvɪtɪ) n, pl -ties1. (Law) a legally recognized relationship existing between two parties, such as that between lessor and lessee and between the parties to a contract: privity of estate; privity of contract. 2. secret knowledge that is shared[C13: from Old French priveté]

priv•i•ty

(ˈprɪv ɪ ti)

n., pl. -ties. 1. private or secret knowledge. 2. participation in the knowledge of something private or secret, esp. as implying concurrence or consent. 3. Law. the relation between privies. [1175–1225; Middle English privete, privite < Old French. See privy, -ity]

privity

- The state of being private or secret.See also related terms for private.

Privity

A close, direct, or successive relationship; having a mutual interest or right.

Privity refers to a connection or bond between parties to a particular transaction. Privity of contract is the relationship that exists between two or more parties to an agreement. Privity of estate exists between a lessor and a lessee, and privity of possession is the relationship between parties in successive possession of real property.

privity

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 sue the former owner (seller) of the property for failure to make repairs guaranteed by the land sales contract between seller and buyer since the tenant was not "in privity" with the seller. (See: contract)

PRIVITY. The mutual or successive relationship to the same rights of property. 1 Greenl. Ev. Sec. 189; 6 How. U. S. R. 60.

单词	privity
释义	privity priv·i·ty P0570800 (prĭv′ĭ-tē)n. pl. priv·i·ties 1. Knowledge of something private or secret shared between individuals, especially with the implication of approval or consent.2. Law A relation of interest or identity between parties close enough to make one party subject to a suit on a claim against the other or conferred with the same rights and obligations as the other. [Middle English privete, secrecy, privacy, from Old French, from Medieval Latin prīvitās, from Latin prīvus, single, alone; see per in Indo-European roots.] privity (ˈprɪvɪtɪ) n, pl -ties1. (Law) a legally recognized relationship existing between two parties, such as that between lessor and lessee and between the parties to a contract: privity of estate; privity of contract. 2. secret knowledge that is shared[C13: from Old French priveté] priv•i•ty (ˈprɪv ɪ ti) n., pl. -ties. 1. private or secret knowledge. 2. participation in the knowledge of something private or secret, esp. as implying concurrence or consent. 3. Law. the relation between privies. [1175–1225; Middle English privete, privite < Old French. See privy, -ity] privity - The state of being private or secret.See also related terms for private. Privity Privity A close, direct, or successive relationship; having a mutual interest or right. Privity refers to a connection or bond between parties to a particular transaction. Privity of contract is the relationship that exists between two or more parties to an agreement. Privity of estate exists between a lessor and a lessee, and privity of possession is the relationship between parties in successive possession of real property. privity 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 sue the former owner (seller) of the property for failure to make repairs guaranteed by the land sales contract between seller and buyer since the tenant was not "in privity" with the seller. (See: contract) PRIVITY. The mutual or successive relationship to the same rights of property. 1 Greenl. Ev. Sec. 189; 6 How. U. S. R. 60.
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