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Intentional relinquishment of a right, claim, or privilege.
(noun)
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The document that evidences such relinquishment.
(noun)
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A dispensation, as from a rule or penalty.
(noun)
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Permission for a professional athletic club to assign a player to the minor leagues or release a player from the club, granted only after all other clubs have been given the opportunity to claim the player and have not done so.
(noun)
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A deferment.
(noun)
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.