[{"Bold_text": "noun", "List Items": ["a right, immunity, or benefit enjoyed by a particular person or a restricted group of people beyond the advantages of most:Few people have access to the privileges of the very rich.the unearned and mostly unacknowledged societal advantage that a restricted group of people has over another group:male privilege;white privilege based on skin color;male privilege;children of privilege.", "a right, immunity, or benefit enjoyed by a particular person or a restricted group of people beyond the advantages of most:Few people have access to the privileges of the very rich.", "the unearned and mostly unacknowledged societal advantage that a restricted group of people has over another group:male privilege;white privilege based on skin color;male privilege;children of privilege.", "a special right, immunity, or exemption granted to persons in authority or office to free them from certain obligations or liabilities:It's a privilege of a senator to speak in Congress without danger of a libel suit.", "a grant to an individual, corporation, etc., of a special right or immunity, under certain conditions.", "the principle or condition of enjoying special rights or immunities.Synonyms: liberty , freedom , license", "any of the rights common to all citizens under a modern constitutional government:We enjoy the privileges of a free people.", "an advantage or source of pleasure granted to a person:It's my privilege to be here.", "Stock Exchange.an option to buy or sell stock at a stipulated price for a limited period of time, including puts, calls, spreads, and straddles."]}, {"Bold_text": "verb (used with object)", "List Items": ["to grant a privilege to.", "to exempt (usually followed byfrom).", "to authorize or license (something otherwise forbidden)."]}]