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A legal right of husband and wife that provides protection for private communications between them not to be admissible in a court of law. The law wishes not to breach the sanctity of the marital relationship and compel a spouse to testify against another or to create a chilling effect conversations to a spouse can be witness testimony compelled via subpoena. … [Read more...] about PRIVILEGE OF HUSBAND AND WIFE

The offer of securities to private investors for purchase but not to the general public. … [Read more...] about PRIVATE OFFERING

Possessing or enjoying a privilege; exempt from burdens; entitled to priority or precedence. Privileged communications. See Communication. Privileged copyholds. See Copyhold. Privileged debts. Those which an executor or administrator may pay in preference to others; such as funeral expenses, servants' wages, and doctors' bills during last sickness, etc. Privileged deed. In … [Read more...] about PRIVILEGED

The practice of one's professional for one's private and personal gain as opposed to public practice which is for the benefit of the government and the general public. … [Read more...] about PRIVATE PRACTICE

Those statements made by a client to his counsel or attorney, or solicitor, in confidence, relating to some cause Or action then pending or in contemplation. 2. Such communications cannot be disclosed without the consent of the client. See Confidential communication. … [Read more...] about PRIVILEGED COMMUNICATIONS