Waivable: meaning, definitions and examples
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waivable
[ ˈweɪvəbl ]
legal context
Waivable refers to something that can be relinquished or set aside, particularly in a legal sense. It implies that a party has the option to say no to a certain obligation or right without facing penalties.
Synonyms
optional, relinquishable, surrenderable
Examples of usage
- You have a waivable right to appeal the decision.
- The contract's penalty clause is waivable upon mutual agreement.
- The company offered a waivable fee for early cancellation.
Etymology
The term 'waivable' is derived from the verb 'waive', which has its roots in the Old French word 'eswaiver', meaning 'to give up, relinquish'. The transition into English occurred in the late 14th century, and by the early 15th century, it began to be used in various legal contexts. The addition of the suffix '-able' denotes capability, leading to the modern understanding of 'waivable' as something that can be waived. This concept is prevalent in legal documents and contracts, emphasizing the flexibility in obligations and rights between parties. The evolution of this word reflects the changing dynamics of legal agreements and the increasing emphasis on voluntary actions in legal practices.