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Waive is defined as a knowing and knowledgeable act to abandon, renounce or surrender a person's rights.
National Center for State Courts. “Glossary of Commonly Used Court & Justice System Terminology”, Rev. 2/8/11 (2011)
Another definition of waive is to give up a legal right voluntarily, intentionally, and with full knowledge of the consequences.
California Superior Court. “English Legal Glossary” (2005)
To renounce or give up a benefit or right. A waiver may be expressed or implied.
Parlee McLaws LLP. “Glossary Of Common Financial and Legal Terms”, 4th ed.
To give up a legal right or claim.
Victoria Law Foundation. “Legal glossary” (2015)