A more thorough explanation:

Definition: When someone intentionally or voluntarily gives up a right they have.

Example 1: A person signs a waiver before participating in a dangerous activity, acknowledging that they understand the risks and will not hold the company responsible for any injuries.

Example 2: A tenant signs a waiver agreeing to not hold the landlord responsible for any damages to their personal property.

These examples show how a waiver is a legal document that allows someone to give up their rights. In both cases, the person signing the waiver is acknowledging that they understand the risks involved and are choosing to waive their right to hold the other party responsible for any harm or damages that may occur.