Waiver
Waiver
Waiver (/ˈweɪvər/), from the Old Northern French weyver, meaning "to abandon", is a legal term used to describe the act of intentionally relinquishing or surrendering a known right, claim, or privilege.
Definition
A waiver is a document that confirms a party has surrendered or given up a right. It can also refer to the act of giving up that right. It is often used in a legal context, where it is part of contracts, agreements, and court proceedings.
Usage
In law, a waiver is the voluntary renouncement or surrender of some known right or privilege. It is an intentional and voluntary giving up of a demand, right, or claim by the person in whom it exists or is vested, to the person against whom it might have been enforced or demanded.
Types of Waivers
There are several types of waivers, including express waiver, implied waiver, and waiver by estoppel.
- An express waiver is one that is clearly and explicitly stated.
- An implied waiver is one that is inferred from actions, facts, or circumstances.
- A waiver by estoppel is a legal principle that prevents someone from arguing something contrary to a claim or right that they previously waived.
Related Terms
- Estoppel: A legal principle that prevents someone from arguing something contrary to a claim or right that they previously waived.
- Contract: A legally binding agreement between two or more parties.
- Legal rights: Rights that are bestowed upon individuals by the law.
External links
- Medical encyclopedia article on Waiver
- Wikipedia's article - Waiver
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