Source : Webster's Revised Unabridged Dictionary (1913)

Privatdocent \Pri*vat"do*cent`\, n.; G. pl. {-docenten}. [Also
   {Privatdozent}.] [G.; privat private + docent teacher. See
   {Docent}.]
   In the universities of Germany and some other European
   countries, a licensed teacher or lecturer having no share in
   the university government and dependent upon fees for
   remuneration.