Europe (/ËjÊÉrÉp/ or /ËjÉrÉp/) is a continent that comprises the westernmost part of Eurasia. Europe is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, and the Mediterranean Sea to the south.
verb (used with object), waived, waiving. 1. to refrain from claiming or insisting on; give up; forgo: to waive one's right; to waive one's rank; to waive honors. 2. Law. to relinquish (a known right, interest, etc.) intentionally. 3. to put aside for the time; defer; postpone; dispense with: to waive formalities.
A waiver is the voluntary relinquishment or surrender of some known right or privilege. Regulatory agencies or governments may issue waivers to exempt companies from certain regulations. For example, a United States law restricted the size of banks, but when banks exceeded these sizes, they obtained waivers.n example of a written waiver is a disclaimer, which becomes a waiver when accepted. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause.