What type of word is privilege?

What is the full meaning of privilege?
privilege | American Dictionary
a special advantage or authority possessed by a particular person or group: [ C ] As a senior executive, you will enjoy certain privileges.5 days ago
How do you use the word privilege?
Having been born to privilege in old Hollywood, she was carrying on a family tradition by acting. It must be a privilege to know such a man. I had the privilege of meeting Mandela at the only service of the Order of Merit he attended. They are privileging a tiny number to the disadvantage of the rest.
What is right and Previlage?
A right is something that cannot be legally denied, such as the rights to free speech, press, religion, and raising a family. A privilege is something that can be given and taken away and is considered to be a special advantage or opportunity that is available only to certain people.

