a highly ambiguous phrase that can be used much like the word "Smurf" among the
smurfs, with its deriviatives taking on other parts of
speech. Privy is often used to describe
something that is exceedingly cool.
1. Man, did you see when that bird
shat in that guys mouth? It was so privy.
2. Check out Privy McPrivyson, Privying down the privy
slide.
3. If you'
re privy to the privy, then privy on over to the council of the priviest bunch of muthaprivers you ever privied with.
4. eB: i shall write LOL
eB: hell, even LOLZ
eB: actually, it should now be POL
eB: privy out loud