Entitlement (noun)

1. The state or condition of being entitled; the feeling or belief that one is entitled to certain privileges.
2. A right or privilege that is considered to be a just or fair claim or possession, especially one provided by law or contract.

Origin:

From old french entiter, from en- + titer ("to hold or clai.m")

Examples:

1. Elderly citizens feel a sense of entitlement to their Social Security benefits.
2. The new law grants certain entitlements to disabled veterans.
3. The company's employees feel entitled to certain benefits and perks.
4. The wealthy feel entitled to certain privileges that the rest of us do not have.
5. The entitlement mentality can lead to disappointment and resentment.