From King Dictionary of Contemporary Englishwaivewaive /weɪv/ verb [transitive] LET/ALLOWto state officially that a right, rule etc can be ignored She waived her right to a lawyer.→ See Verb table
Examples from the Corpus
waiveIf conditions or consents remain, completion will generally occur as soon as practicable after they are satisfied or waived.The industry asked the Federal Communications Commission to waive a rule that limits the amount of power used to send a data transmission over a telephone line.These rights may be waived by the shareholders at a general meeting so that the new capital may be raised by means of a placing.Copyright is waived for non-commercial educational use of the book.The court decided to waive her fine as it was her first offence.Already, daily overtime rules have been waived or loosened in some industries.The defendant has waived pre-trial conference.They believe a Government promise to waive the clause could be the crucial breakthrough.
From King Business Dictionarywaivewaive /weɪv/ verb [transitive]LAW to state officially that a right, rule etc can be ignored in a particular caseThe government has waived restrictions on dealing in foreign currencies.American Express offered to waive fees for additional cards held by family members.The defendant waived his right to an attorney.→ See Verb tableOrigin waive (1200-1300) Old North French weyver, from waif; WAIF