verb to refrain from insisting on or enforcing (a rule, penalty, or right)
In legal contexts, 'waive' is often used to refer to the act of voluntarily giving up a right or claim.
In finance, 'waive' can refer to the decision to forgo or not enforce a particular requirement or fee.
In education, 'waive' might be used in the context of students waiving certain course requirements.
In sports, 'waive' is used to describe the act of releasing a player from a team's roster.
In employment settings, 'waive' could be used to describe an employee's agreement to give up certain rights or benefits.
In insurance, 'waive' may be used to indicate the intentional relinquishment of a right to claim a benefit.
In legal contexts, 'waive' is commonly used to refer to the voluntary relinquishment or abandonment of a legal right or privilege.
Insurance agents may use the term 'waive' when discussing policy provisions or coverage options that can be voluntarily waived by the policyholder.
HR managers may use 'waive' when discussing employee benefits, such as waiving health insurance coverage or opting out of a retirement plan.
Financial advisors may use 'waive' when discussing fees or penalties that can be waived under certain circumstances.
Medical doctors may use 'waive' when discussing patient consent to waive certain treatments or procedures.
Real estate agents may use 'waive' when discussing contingencies in a real estate contract that can be waived by the buyer or seller.
Accountants may use 'waive' when discussing waivers of certain accounting standards or regulations.
Consultants may use 'waive' when negotiating contracts or agreements with clients, including waivers of liability or confidentiality agreements.