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waiver: Meaning and Definition of

waiv•er

Pronunciation: (wā'vur), [key]
— n. Law.
  1. an intentional relinquishment of some right, interest, or the like.
  2. an express or written statement of such relinquishment.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
waive waiver of premium
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