1. to give up or surrender a right, claim, or privilege voluntarily
Usage: legal
2. to refrain from enforcing or applying a rule, requirement, or fee

Examples

• The defendant decided to waive his right to a jury trial.
• She waived her attorney-client privilege to testify.
• The university waived the application fee for low-income students.
• He waived the waiting period and started work immediately.
• The bank agreed to waive the late payment penalty.
• Students can waive the health insurance if they have other coverage.
• The company waived the usual background check requirements.