1 waiver | Definition of waiver

waiver

noun
waiv·​er | \ ˈwā-vər How to pronounce waiver (audio) \

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

a criminal defendant's waiver of a jury trial The college got a special waiver from the town to exceed the building height limit. He signed an insurance waiver before surgery.
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Recent Examples on the Web

Dawson was expected to be cut and might have been picked up on waivers before the Broncos had a chance to claim him. Ryan O'halloran, The Denver Post, "Broncos early roster cut-down tracker: Team acquires CB Duke Dawson from Patriots," 30 Aug. 2019 The club also announced that Gennett, who was acquired at the July 31 trade deadline from the Cincinnati Reds, was placed on unconditional release waivers. Kerry Crowley, The Mercury News, "Giants cut trade deadline acquisition Scooter Gennett, promote three players," 27 Aug. 2019 Galvis, a switch hitter, was placed on waivers by the Blue Jays because of the emergence of young infielders Bo Bichette and Cavan Biggio. Bobby Nightengale, Cincinnati.com, "Notebook: Cincinnati Reds add infielder Freddy Galvis; Amir Garrett begins suspension," 12 Aug. 2019 Lewis announced Monday morning that he had been released, but New York instead acquired the former fourth-round pick, pending a physical, before he was put on waivers. Jonas Shaffer, baltimoresun.com, "Ravens trade guard Alex Lewis to Jets," 5 Aug. 2019 Once finalized, the Diamondbacks would have 10 days to release Godley or place him on waivers. Richard Morin, azcentral, "Arizona Diamondbacks to designate Zack Godley for assignment," 4 Aug. 2019 The Texans have placed running back D'Onta Foreman on waivers, creating a backup spot on the roster behind starter Lamar Miller. John Mcclain, Houston Chronicle, "Texans waive D'Onta Foreman," 4 Aug. 2019 He was cut again at the end of the preseason last year before being claimed on waivers by Cleveland. Chris Tomasson, Twin Cities, "After being cut two straight years, DE Ifeadi Odenigbo on a ‘mission’ to make the Vikings," 4 Aug. 2019 Kalis was claimed on waivers by the Browns and has impressed the coaches. Terry Pluto, cleveland.com, "Cleveland Browns: Advice for Odell Beckham, reasons for hope -- Terry Pluto," 28 July 2019

These 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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First Known Use of waiver

1628, in the meaning defined at sense 1

History and Etymology for waiver

Anglo-French weyver, from waiver, verb

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More Definitions for waiver

waiver

noun

Financial 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

waiver

noun
waiv·​er | \ ˈwā-vər How to pronounce waiver (audio) \

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.

History and Etymology for waiver

Anglo-French, from waiver to waive

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More from Merriam-Webster on waiver

Rhyming Dictionary: Words that rhyme with waiver

Thesaurus: All synonyms and antonyms for waiver

Spanish Central: Translation of waiver

Nglish: Translation of waiver for Spanish Speakers

Britannica English: Translation of waiver for Arabic Speakers