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 ?
The assumption is Reed will clear waivers because any team claiming him could be on the hook for nearly $800,000 over the final seven games.
If Bertuzzi is not claimed by any of the other 29 NHL teams, he will clear waivers at 9 a.
At his age we didn't expect him to clear waivers, but the NHL is entering a difficult phase and has altered the threshold for sending contracted players down to the AHL.
Johnson, Boston's leading preseason scorer with four goals, was the team's last roster cut on Sunday, but had to clear waivers before joining the P-Bruins.