An Etymological Dictionary of Astronomy and Astrophysics

A special right, advantage, or immunity granted or available only to a particular person or group (OxfordDictionaries.com).

Etymology (EN): M.E., from O.Fr. privilege “right, priority, privilege” and directly from L. privilegium “law applying to one person, bill of law in favor of or against an individual,” from privus “individual,” → private.

Etymology (PE): Fardâré, from far- intensive prefix “much, abundant; elegantly,” → perfect, + dâr present stem of dâštan “to have, possess,” → property, + noun/relation suffix -é.