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Synonyms
waiv·er (wā́vər)

[Anglo-Norman weyver, from weyver, to abandon; see waive.]

noun 

    1. Intentional relinquishment of a right, claim, or privilege.
    2. The document that evidences such relinquishment.
  2. A dispensation, as from a rule or penalty.
  3. 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.
  4. A deferment.

idioms

clear waivers
To be unclaimed by another professional club and therefore liable to be assigned to a minor-league club or released.
on waivers
In a state of being available for claiming by other professional clubs.