Waiver

A waiver is a voluntary relinquishment or surrender of a known right or privilege. It typically occurs in legal contexts where an individual or entity intentionally gives up the right to enforce certain obligations, claims, or protections. Waivers can take various forms, including written documents, verbal agreements, or actions that signify a decision not to pursue a right. They are often used in contracts, liability releases, and consent forms.

Waiver meaning with examples

• Before participating in the extreme sports event, each athlete was required to sign a waiver, acknowledging the inherent risks involved and agreeing to forfeit the right to sue if injuries occurred.
• The gym offered a trial membership, but participants had to complete a waiver that stated they understood they were training at their own risk and that the gym was not liable for any injuries.
• In company policy meetings, employees were informed that signing a waiver would allow them to opt out of certain benefit plans, forfeiting their rights to make claims under those programs.
• Upon submitting their application, applicants needed to attach a waiver that permitted the organization to conduct a background check without violating privacy rights, thereby relinquishing some control over their personal information.
• During the event registration, attendees were advised that by clicking 'I agree,' they were providing a digital waiver, thereby consenting to all terms and conditions and giving up certain legal protections.