* To give up a right or privilege: For example, you might waive your right to a jury trial in a legal case.
* To forgo a requirement: You might waive a fee for a service, or a bank might waive a late payment penalty.
* To dismiss a claim or objection: In a contract negotiation, you might waive certain conditions.
Here are some examples:
* "The company waived the late payment fee for first-time offenders."
* "The defendant waived his right to remain silent."
* "She waived her right to appeal the court's decision."
Note: "Waive" is often used in legal and business contexts, but it can also be used in everyday situations.