Tiger is correct. It is both. See definitions below:
privilege - 6 dictionary results
priv⋅i⋅lege   /ˈprɪvəlɪdʒ, ˈprɪvlɪdʒ/ Show Spelled Pronunciation [priv-uh-lij, priv-lij] Show IPA Pronunciation
noun, verb, -leged, -leg⋅ing.
noun 1. a right, immunity, or benefit enjoyed only by a person beyond the advantages of most: the privileges of the very rich.
2. a special right, immunity, or exemption granted to persons in authority or office to free them from certain obligations or liabilities: the privilege of a senator to speak in Congress without danger of a libel suit.
3. a grant to an individual, corporation, etc., of a special right or immunity, under certain conditions.
4. the principle or condition of enjoying special rights or immunities.
5. any of the rights common to all citizens under a modern constitutional government: We enjoy the privileges of a free people.
6. an advantage or source of pleasure granted to a person: It's my privilege to be here.
7. 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.
verb (used with object) 8. to grant a privilege to.
9. to exempt (usually fol. by from).
10. to authorize or license (something otherwise forbidden).
right - 15 dictionary results
right   /raɪt/ Show Spelled Pronunciation [rahyt] Show IPA Pronunciation
adjective, -er, -est, noun, adverb, verb
adjective 1. in accordance with what is good, proper, or just: right conduct.
2. in conformity with fact, reason, truth, or some standard or principle; correct: the right solution; the right answer.
3. correct in judgment, opinion, or action.
4. fitting or appropriate; suitable: to say the right thing at the right time.
5. most convenient, desirable, or favorable: Omaha is the right location for a meatpacking firm.
6. of, pertaining to, or located on or near the side of a person or thing that is turned toward the east when the subject is facing north (opposed to left ).
7. in a satisfactory state; in good order: to put things right.
8. sound, sane, or normal: to be in one's right mind; She wasn't right in her head when she made the will.
9. in good health or spirits: I don't feel quite right today.
10. principal, front, or upper: the right side of cloth.
11. (often initial capital letter) of or pertaining to political conservatives or their beliefs.
12. socially approved, desirable, or influential: to go to the right schools and know the right people.
13. formed by or with reference to a perpendicular: a right angle.
14. straight: a right line.
15. Geometry. having an axis perpendicular to the base: a right cone.
16. Mathematics. pertaining to an element of a set that has a given property when placed on the right of an element or set of elements of the given set: a right identity.
17. genuine; authentic: the right owner.
noun 18. a just claim or title, whether legal, prescriptive, or moral: You have a right to say what you please.
19. Sometimes, rights. that which is due to anyone by just claim, legal guarantees, moral principles, etc.: women's rights; Freedom of speech is a right of all Americans.
20. adherence or obedience to moral and legal principles and authority.
21. that which is morally, legally, or ethically proper: to know right from wrong.
22. a moral, ethical, or legal principle considered as an underlying cause of truth, justice, morality, or ethics.
23. Sometimes, rights. the interest or ownership a person, group, or business has in property: He has a 50-percent right in a silver mine. The author controls the screen rights for the book.
24. the property itself or its value.