The business you are in affects the type of records you need to keep for federal tax purposes. Your recordkeeping system should include a summary of your business transactions. This summary is ordinarily made in your business books (for example, accounting journals and ledgers).
Chambers 20th Century Dictionary(0.00 / 0 votes)Rate this definition: Waive. wÄv, v.t. to relinquish for the present: to give up claim to: not to insist on a right or claim.ân. Waiâ²ver, the act of waiving: renouncement of a claim: process by which a woman was outlawed. [O. Fr. guever, to refuse, resignâperh.
To waive is to give up one's right to do something. If you waive your right to help name your family's new puppy, you can't complain if he ends up being called Mr. Tinkerbell Sweetheart Lovey-Face.. To wave is to move to and fro, like when you wave your hand. Hello there! To waive, with a sneaky i, is to give up your right to do something.