privity(основанные на договоре, правопреемстве и других личных отношениях; In a contract between two or more parties, the parties concerned are said to be privy to it (for example, the supplying company and the buying company). An outside party not privy to the contract cannot take action in law with regard to it, even though the outside party may be directly affected by t... Found on glossaryofmanufacturing.comAlexander Demidov)