Definitions

1. noun

A state of being closely connected or related to something; a relationship of mutual obligation or responsibility.

“The court ruled that the company’s privity with the supplier meant they were liable for the defective goods.”

2. noun

A pre-existing relationship or connection that gives rise to certain legal rights or obligations.

“The contract established privity between the buyer and the seller, making them accountable for any future disputes.”

3. noun

A person or entity that has a direct connection to a particular situation or event.

“The key witness was a person in privity with the accused, making their testimony crucial to the case.”