WAIVERS Meaning and
Definition
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Waivers refer to official documents or legal agreements in which individuals voluntarily relinquish or dismiss certain rights, claims, or obligations that they would ordinarily have. It is a formal process through which people can waive their entitlements, such as a particular legal right or exemption from liability. Waivers essentially enable a person to intentionally give up certain privileges or immunities that they would otherwise possess.
In various contexts, waivers serve different purposes. For instance, in the legal realm, waivers are often used to protect individuals or organizations from legal actions or potential litigation. By signing a waiver, a party acknowledges potential risks associated with participating in a particular activity or event and agrees not to hold the other party responsible for any harm or damages that may occur.
Waivers can be found in a wide range of scenarios, including sports, recreation, employment, and business agreements. They are commonly used in sports competitions to ensure that participants acknowledge the inherent risks involved in the activity and accept responsibility for any injuries that may occur.
In summary, waivers are formal agreements or documents where individuals surrender specific rights, claims, immunities, or responsibilities. They serve as a means to release or exempt oneself from potential liabilities, often protecting businesses or individuals from legal actions or claims arising from participating in certain activities or events.
Top Common Misspellings for WAIVERS *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for WAIVERS
Etymology of WAIVERS
The word "waiver" originated from the Middle English term "weyveren", which came from the Old North French word "weyver", meaning "to abandon" or "to waive". This term ultimately has its roots in the Latin word "vītāre", meaning "to avoid" or "to shun". Over time, the meaning of "waiver" has evolved to refer to the act of relinquishing a right or claim voluntarily.
Idioms with the word WAIVERS
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clear waivers
The idiom "clear waivers" refers to the process in sports, particularly in North American professional sports leagues such as the MLB (Major League Baseball) or NHL (National Hockey League), where a player is available to be transferred or released without being claimed by another team. When a player is placed on waivers, other teams have the opportunity to claim that player and assume their current contract. If no team claims the player within a designated period of time, usually 24 to 48 hours, the player is said to have "cleared waivers" and can be assigned, traded, or released freely without any obligations to other teams. This idiom signifies that a player has passed through the waiver process without any claims or complications.
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