noun
the legal right or privilege of a pedestrian, vehicle, or ship to proceed with precedence over others in a particular situation or place
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The driver on the main road has the right-of-way at this intersection.
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Make sure to let the cars with the right-of-way go first.
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Don't cut off the car with the right-of-way, dude.
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In negotiations, sometimes you have to give the other party the right-of-way to reach a compromise.