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To give up (a claim or right) voluntarily; relinquish. See Synonyms at relinquish.
(verb-transitive)
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To refrain from insisting on or enforcing (a rule or penalty, for example); dispense with: "The original ban on private trading had long since been waived” ( William L. Schurz).
(verb-transitive)
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To put aside or off temporarily; defer.
(verb-transitive)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.