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waiver

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Waiver
A statement of the voluntary surrender of a right. For example, suppose a company provides customers a service that might be dangerous, such as bungee jumping. The company may require customers to sign a waiver relinquishing the right to sue the company for negligence if a problem occurs. This reduces the company's risk in the conduct of its business.

waiver
The voluntary relinquishment of a known right, remedy, claim, or privilege.


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Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
This nationwide waiver was issued because of the numerous waiver requests the agency was receiving from local governments using stimulus funds.
About 3,000 Air Force Reservists will not have to submit a waiver this summer to keep getting per diem.
If not, you may find yourself in just as much legal trouble as if you had not asked for a waiver in the first place.
 
 
 
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