waiver

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waiver

1. An exemption from some aspect of a federal health care statute that gives a facility the right to deliver care in a manner that varies from published standards.
2. The voluntary surrender of some legal right or privilege.

waiver (wā´vur),

n 1. repudiation, abandonment, or surrender of a claim, right, or privilege.
n 2. the intentional relinquishment of a known right.
References in periodicals archive ?
Players who clear waivers can be traded through Aug.
But the thought he could actually clear waivers is another indication of just how far he has fallen since beginning the 2003 season by going 10-4 with a 2.
What that means for Ketchner and Thompson is that the club has 10 days to either trade them, release them or outright them to the minors if they clear waivers.
The Kings signed Belanger to a two-way contract, meaning they could send him to the minors without first having him clear waivers, but Belanger is almost certain to start the year with the Kings.