Waive
Definition 1 of 3
Pro Tip 1/3
Voluntary Action
Waiving is a choice to give up a right, typically one that benefits you. He decided to waive his right to sue the company.
Pro Tip 2/3
Legal Importance
In legal contexts, waiving a right is serious and often needs a written statement. By signing this document, you waive your rights to the property.
Pro Tip 3/3
No Take-Backs
Once you waive something, it's not easy to claim it back later on. If you waive the warranty, you can't get free repairs later.