Word of the Day: Waiver

waiver
waiv-er / wā-vər
noun
1. a written statement relinquishing a right or claim
The constant need for special waivers is symptomatic of poorly written public policy.
John Sununu, 1964 –
2. voluntary relinquishment of a right or claim
Only a waiver of counsel, understandingly made, justifies trial without counsel.
“The Constitution of the United States of America: Analysis and Interpretation”
3. an action by a professional athletic club to remove a player from its roster either by assigning the player to the minor leagues or releasing the player so another club can claim that player
Once a player is placed on waivers, other teams have 24 hours to place a claim.
Jeff Seide, “NHL Waiver Rules”, www.thehockeywriters.com/nhl-waiver-rules, March 29, 2022