Definition
To voluntarily give up a right you're entitled to, often because a lawyer convinced you it was a good idea or you didn't read the fine print. It's the legal system's "Are you sure?" moment before you surrender something valuable like attorney-client privilege or your right to sue. Once waived, these rights typically stay waved goodbye forever.
Example Usage
By signing the arbitration agreement, you waive your right to sue the company in court.
Source: Legal terminology via standard dictionary definition
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