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What does privilege mean?

Looking for the meaning or definition of the word privilege? Here's what it means.

Noun
  1. (ecclesiastical law, now chiefly historical) An exemption from certain laws granted by the Pope. [from 8th c.]
  2. (countable) A particular benefit, advantage, or favor; a right or immunity enjoyed by some but not others; a prerogative, preferential treatment. [from 10th c.]
  3. An especially rare or fortunate opportunity; the good fortune (to do something). [from 14th c.]
  4. (uncountable) The fact of being privileged; the status or existence of (now especially social or economic) benefit or advantage within a given society. [from 14th c.]
  5. A right or immunity enjoyed by a legislative body or its members. [from 16th c.]
  6. (countable, US, finance, now rare) A stock market option. [from 19th c.]
  7. (law) A common law doctrine that protects certain communications from being used as evidence in court.
  8. (computing) An ability to perform an action on the system that can be selectively granted or denied to users; permission.
Verb
  1. (archaic) To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize
  2. (archaic) To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver.
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