waiver
noun
\
Definition of waiver
1 : the act of intentionally relinquishing or abandoning a known right, claim, or privilege also : the legal instrument evidencing such an act
2 : the act of a club's waiving the right to claim a professional ball player who is being removed from another club's roster —often used in the phrase on waivers denoting the process by which a player to be removed from a roster is made available to other clubs
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Examples of waiver in a Sentence
Recent Examples on the Web
If established, everyone in the district participates, although hardship waivers are allowed. — BostonGlobe.com, "Should Massachusetts allow cities and towns to create Community Benefit Districts?," 13 July 2018 The waiver requirement limits the number of doctors available to treat patients. — Aubrey Whelan, Philly.com, "Independence Blue Cross reports dramatic drop in opioid prescriptions among members," 13 July 2018 But the Trump administration is offering waivers to states that want to add work requirements to the safety-net program, which critics say adds an unnecessary barrier to care. — Colby Itkowitz, Washington Post, "The Health 202: 'ACA' removed from swaths of Medicaid.gov website, watchdog reports," 12 July 2018 The Trump administration has been pushing to expand work requirements into state Medicaid programs, by encouraging states to apply for rule waivers to pursue work requirement pilot programs. — New York Times, "Declaring War on Poverty ‘Largely Over,’ White House Urges Work Requirements for Aid," 12 July 2018 While State Department officials earlier acknowledged that some allies will get waivers to continue importing Iranian oil, Pompeo seemed to strike a harder line Tuesday. — Matthew Lee, The Seattle Times, "Pompeo talks tough on Iran while visiting the Emirates," 10 July 2018 The department, which receives $1 million from tuition waivers, covers all operational deficits with reserves. — Aaron Reiss, kansascity, "Mizzou athletics is in the red again, but AD Jim Sterk is 'hopeful' that changes soon," 9 July 2018 The Foundation for Government Accountability lent intellectual firepower in drafting the House bill and has documented how states exploit waivers meant for areas with persistent high unemployment. — The Editorial Board, WSJ, "A Food Fight Worth Having," 8 July 2018 Breyer and Kagan would have remanded the case to the lower courts to consider how individual waivers to the travel ban were faring. — David Fontana, Vox, "Justice Sotomayor is poised to lead the minority wing of the Supreme Court," 6 July 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'waiver.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for waiver
waiver
nounFinancial Definition of waiver
What It Is
A waiver is a party's voluntary renunciation of rights in a contractual arrangement.
How It Works
When two parties enter into a contract, they often agree to forfeit some of their respective rights or claims. Either party may use a waiver -- expressed either in writing or through the performance of a specific deed -- to officially give up a privilege, right, or claim.
For example, one party might sign a waiver stating that he or she will not take legal action against the other party if there is some unintentional wrongdoing.
Why It Matters
It is important to remember that a party who signs a waiver is surrendering his or her right to pursue a course of action (file a lawsuit, receive compensation, etc). In most cases, a party will sign a waiver only if he or she receives a benefit in exchange for doing so.
Source: Investing Answers
waiver
noun
English Language Learners Definition of waiver
: the act of choosing not to use or require something that you are allowed to have or that is usually required
: an official document indicating that someone has given up or waived a right or requirement
See the full definition for waiver in the English Language Learners Dictionary
waiver
noun
\
Legal Definition of waiver
: the act of intentionally or knowingly relinquishing or abandoning a known right, claim, or privilege
also
: the legal instrument evidencing such an act — compare estoppel, forfeiture
Note:
Acts or statements made while forming or carrying out a contract may constitute a waiver and prevent a party from enforcing a contractual right (as when an insurer is barred from disclaiming liability because of facts known to it when it issued the insurance policy). Varying standards are applied by courts to determine if there has been a waiver of various constitutional rights (such as the right to counsel) in criminal cases.
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