Definition and Example. Imagine that you are walking along the sidewalk of a busy road with a group of friends. It's a hot, humid, and sunny day. Everyone is wearing shorts and loose clothing to battle the heat. You look to your left and see a man in a long fur coat and a tall pair of winter boots.
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.
Requests to access waiver services may be made through an intake woker or service coordinator at the regional office. A determination of ineligibility for a waiver will not necessarily disqualify individuals from other regional office services for which they qualify and for which funding is available.equests to access waiver services may be made through an intake woker or service coordinator at the regional office. A determination of ineligibility for a waiver will not necessarily disqualify individuals from other regional office services for which they qualify and for which funding is available.