waiver

American  

[wey-ver] / ˈweɪ vər /

noun

1. Law.

   1. an intentional relinquishment of some right, interest, or the like.

   2. an express or written statement of such relinquishment.

2. Sports. an arrangement under which a professional player is released to become available to join a different team, which must then assume the player’s existing contract.

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waiver British  

/ ˈweɪvə /

noun

1. the voluntary relinquishment, expressly or by implication, of some claim or right

2. the act or an instance of relinquishing a claim or right

3. a formal statement in writing of such relinquishment

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Usage

What is a waiver? A waiver is an intentional or agreed upon release of your rights, usually in the form of a written contract.In the law, to waive your rights or interests is to purposely give them up. A waiver is this intentional giving up or the form that records your decision.Example: All you have to do to enter is to sign this waiver and give us your pass.

Etymology

Origin of waiver

First recorded in 1620–30; from Anglo-French weyver, noun use of weyver to waive; -er ³

Example Sentences

“While I found this protest appalling, I will not waiver in my belief that it should be allowed to happen,” he added.

From The Wall Street Journal

Treasury Secretary Scott Bessent said the 30-day waiver was a "deliberate short-term measure" to allow oil to keep flowing in the global market.

From BBC

Bessent said in a post on X late Thursday that the Treasury Department is issuing a temporary waiver to allow Indian refiners to buy Russian oil for 30 days.

From The Wall Street Journal

Treasury Secretary Scott Bessent said the waiver was issued "to enable oil to keep flowing into the global market."

From Barron's

Bessent said the Treasury Department is issuing a temporary waiver to allow Indian refiners to buy Russian oil.

From The Wall Street Journal

Related Words

• postponement
• remission