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privity

 
Dictionary: priv·i·ty   (prĭv'ĭ-tē) pronunciation
 
n., pl. -ties.
  1. Knowledge of something private or secret shared between individuals, especially with the implication of approval or consent.
  2. Law.
    1. A relation between parties that is held to be sufficiently close and direct to support a legal claim on behalf of or against another person with whom this relation exists.
    2. A successive or mutual interest in or relationship to the same property.

[Middle English privete, secrecy, privacy, from Old French, from Medieval Latin prīvitās, from Latin prīvus, single, alone.]


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Relationship between parties out of which arises mutuality of interest. See also Easement; Run With the Land.

 
Law Encyclopedia: Privity
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This entry contains information applicable to United States law only.

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.

 
Translations: Privity
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Dansk (Danish)
n. - medviden

Nederlands (Dutch)
medeweten

Français (French)
n. - confidentialité

Deutsch (German)
n. - Rechtsbeziehung, Eingeweihtsein

Ελληνική (Greek)
n. - (απόκρυφη) γνώση

Italiano (Italian)
vincolo, conoscenza segreta

Português (Portuguese)
n. - conhecimento (m)

Русский (Russian)
участие, общность интересов

Español (Spanish)
n. - vínculo legal, relación, obligación

Svenska (Swedish)
n. - (hemlig) kännedom, vetskap, intressegemenskap (jur.)

中文(简体)(Chinese (Simplified))
私下知悉, 默契

中文(繁體)(Chinese (Traditional))
n. - 私下知悉, 默契

한국어 (Korean)
n. - 내밀히 관여하기

日本語 (Japanese)
n. - 内々に関与すること, 内々の知識, 当事者関係, 陰部

العربيه (Arabic)
‏(الاسم) اطلاع مشترك‏

עברית (Hebrew)
n. - ‮יחסים דו-צדדיים המוכרים ע"י החוק - קשר-דם, שירות, השכרה, יחסים קרובים, הימצאות בסוד דברים, סודיות‬


 
 
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lessor
lessee
Privy

Privity of contract its binding effect on third party? Read answer...

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Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more
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