Simple definition
A voluntary surrender or non-enforcement of a right.
General
What Does Waiver Mean?
A voluntary surrender or non-enforcement of a right.
Example in a contract
Failure to enforce a term is not a waiver of that term.
What waiver means in a contract
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Why it may matter
These clauses can affect amendment, assignment, waiver, severability, notices, and how the document works as a whole. Review the exact language rather than relying on the label alone.
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FAQ
Questions about waiver.
What does waiver mean in plain English?+
A voluntary surrender or non-enforcement of a right.
Where might waiver appear in a contract?+
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.