The Privilege of Power is the seventh studio album by American heavy metal band Riot.

It was more experimental than their previous work, being an attempt at a concept album and also including a horn section on some of the tracks.

"Racing with the Devil on a Spanish Highway" is a cover of an Al Di Meola instrumental track from the album Elegant Gypsy (1977).

"Killer" is about convicted killer Jeffrey R. MacDonald and features a guest vocal appearance by Joe Lynn Turner (ex-Rainbow, Yngwie Malmsteen).

The album was re-issued in 2003 by Collectables Records with slightly amended artwork and re-issued on 180g vinyl as a 2-LP set with Thundersteel by SPV on February 25, 2013.