Words / P / Law

privity

/ˈprɪvɪti/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

Law noun

The direct contractual relationship that lets only the parties themselves sue on the contract.

Lacking privity, the subcontractor could not enforce the payment terms against the employer.

Topic: Contracts in Legal English

Business noun

The direct legal relationship between parties to a contract or lease that governs their mutual obligations.

Under the old leases, privity of contract left the original tenant liable long after assigning on.

Topic: Real estate & property in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Contracts