etuoikeus

Noun

 * 1) privilege particular benefit, advantage, or favor; a right enjoyed by some but not others
 * 2) privilege rare or fortunate opportunity
 * 3) franchise preferential right or privilege officially granted by a government; especially for exploiting a market or a resource on exclusive basis
 * 1) franchise preferential right or privilege officially granted by a government; especially for exploiting a market or a resource on exclusive basis

Usage notes

 * In principle, is a preferential right for something and  is an exclusive right. In practice the terms are often confused.