WordWeb Online

1. Do without or cease to hold or adhere to
   "waive the old ideas";
   - relinquish, forgo, forego, foreswear, dispense with
    
2. Lose (something) or lose the right to (something) by some error, offence, or crime
   "you've waived your right to name your successor";
   - forfeit, give up, throw overboard, forgo, forego

Sounds like: waiting, weig, waiv

Derived forms: waived, waives, waiving

Type of: abandon

Encyclopedia: Waive