Waiver

English Meaning

The act of waiving, or not insisting on, some right, claim, or privilege.

1. Intentional relinquishment of a right, claim, or privilege.
2. The document that evidences such relinquishment.
3. A dispensation, as from a rule or penalty.
4. Permission for a professional athletic club to assign a player to the minor leagues or release a player from the club, granted only after all other clubs have been given the opportunity to claim the player and have not done so.
5. A deferment.
6. clear waivers To be unclaimed by another professional club and therefore liable to be assigned to a minor-league club or released.
7. on waivers In a state of being available for claiming by other professional clubs.