a. Intentional relinquishment of a right, claim, or privilege.
b. The document that evidences such relinquishment.
2. A dispensation, as from a rule or penalty.
3. 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.
4. A deferment.
tr.v. wai·vered, wai·ver·ing, wai·versIdioms:
To provide with a waiver or issue a waiver for.
To be unclaimed by another professional club and therefore liable to be assigned to a minor-league club or released.
In a state of being available for claiming by other professional clubs.
[Anglo-Norman weyver, from weyver, to abandon; see WAIVE.]
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