What Does Waive A Payment Mean?

by | Last updated on January 24, 2024

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What does waive a payment mean? b :

to refrain from pressing or enforcing (something, such as a claim or rule)

: forgo waive the fee. 2 : to put off from immediate consideration : postpone.

What does waive off mean?

To waive is

to give up

; to wave off is to abort.

What means wave off?

Definition of wave (someone) off

:

to move one’s hand as a way of telling someone that one does not want help

We offered to help but he waved us off.

What does right to waive mean?

To “waive” is

to forego something

. It is an act of voluntarily giving up a right, and can apply to a variety of legal situations including knowingly giving up a legal right such as a speedy trial, a jury trial, giving up some rights in a settlement talk, or not enforcing a term of contract.

Are waivers legally binding?

The answer is that,

if properly worded and signed, the Waiver is likely valid and will preclude legal claims for injuries

.

verb. The definition of a waiver is the act of voluntarily giving up rights or privileges, usually through a written statement. An example of waiver is

a person signing a form releasing the owners of an event location from liability if the person signing the waiver was injured while at the event

. noun.

Cancellation fee waiver means a contractual agreement between a supplier of travel services and its customer to waive some or all of the nonrefundable cancellation fee provisions of the supplier’s underlying travel contract with or without regard to the reason for the cancellation or form of reimbursement.

The waiver of tender or waiver of “formal tender” is

a method of clearing away these wasteful and inefficient formalities as a prerequisite to holding a breaching party liable

. The suing party no longer has to go through the motions to set up the breaching party’s liability.

Becoming Synonyms

Context is the key in determining the better choice:

wave is typically used in less formal contexts, and waive is the word to use in legal-speak, in all courts

. But actual usage waves back-and-forth, so you can make your own call (some people will agree; others might disagree).

Some common synonyms of waive are

abandon, relinquish, resign, surrender, and yield

. While all these words mean “to give up completely,” waive implies conceding or forgoing with little or no compulsion.

Rights may be waived,

unless the waiver is contrary to law, public order, public policy, morals, or good customs, or prejudicial to a third person with a right recognized by law

.

  1. Get help. Writing a waiver should not be complicated. …
  2. Use the correct structure. Waivers should be written in a certain structure. …
  3. Proper formatting. …
  4. Include a subject line. …
  5. Include a caution! …
  6. Talk about the activity risks. …
  7. Do not forget an assumption of risk. …
  8. Hold harmless.

But if you do find yourself with a late fee, there’s something simple you can do:

Ask your card issuer to waive it

. That’s according to financial website CompareCards.com, which conducted a survey of more than 1,000 Americans with at least one credit card about their interactions with card issuers.

And

if you usually pay on-time and in full, the card issuer is likely to grant an interest waiver, as long as their policy allows it

. Credit card companies are in heavy competition for your business, and many will do what it takes to keep you on as a customer – including occasionally waiving interest and fees.

  1. Call the hotel where you made the initial booking.
  2. Ask for a refund or waiver.
  3. Explain your reason for canceling.
  4. If the person on the other end of the phone doesn’t have the authorization to waive the cancellation fee, ask to speak to a manager.

Cancellation Fee is

an Individual Charge to an Attendee for a reservation cancellation or “no show” or for early and unauthorized check-out

.

A non-waiver clause is

designed to prevent the parties from inadvertently waiving their contractual rights

. In most cases, the provision states that the parties to a contract may not change or modify the agreement unless both sides consent to the proposed change or modification in writing.

In your Wave account,

navigate to Banking > Payouts to see your available Instant Payout balance

. You can choose to withdraw the entire available balance or any smaller amount above $25, which is the minimum amount you can accept as an Instant Payout. You’ll receive the amount you choose to withdraw within 30 minutes.

  1. Send your invoices. Email invoices with a secure “Pay Now” button after you’ve turned on the online payments option.
  2. Get paid online. Customers can pay instantly by credit card, secure bank payment, or Apple Pay when they view the invoice online.
  3. Money is deposited.
Timothy Chehowski
Author
Timothy Chehowski
Timothy Chehowski is a travel writer and photographer with over 10 years of experience exploring the world. He has visited over 50 countries and has a passion for discovering off-the-beaten-path destinations and hidden gems. Juan's writing and photography have been featured in various travel publications.