waiver

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waiver

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
References in periodicals archive ?
In light of the Kennedy decision, it is extremely important for divorcing spouses and their attorneys to take all the necessary precautions and follow the correct procedures when one spouse waives his or her interest in the employee-spouse's ERISA governed pension plan.
But the council also routinely waives fees and costs for events such as Academy Awards that are for profit.
Moreover, according to the court, even though the architect was the owner's agent for certain purposes, the architect's certification could not operate to waive the owner's right to claim damages for delay.
Rowe Price (800-638-5660) waives minimum initial investment requirements for participants in the Automatic Asset Builder Plan.
This notice waives for one year the tax that otherwise might be due under the new rules.
The promotion waives associated conversion fees for eligible organizations.
As the council discussed ways to limit spending, one of the issues that drew the most attention involved the amounts the city waives in fees for special permits.