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From The Collaborative International Dictionary of English v.0.48:
Waive \Waive\, v. t. [imp. & p. p. Waived; p. pr. & vb. n. Waiving.] [OE. waiven, weiven, to set aside, remove, OF. weyver, quesver, to waive, of Scand. origin; cf. Icel. veifa to wave, to vibrate, akin to Skr. vip to tremble. Cf. Vibrate, Waif.] [Written also wave.] [1913 Webster] 1. To relinquish; to give up claim to; not to insist on or claim; to refuse; to forego. [1913 Webster] He waiveth milk, and flesh, and all. --Chaucer. [1913 Webster] We absolutely do renounce or waive our own opinions, absolutely yielding to the direction of others. --Barrow. [1913 Webster] 2. To throw away; to cast off; to reject; to desert. [1913 Webster] 3. (Law) (a) To throw away; to relinquish voluntarily, as a right which one may enforce if he chooses. (b) (O. Eng. Law) To desert; to abandon. --Burrill. [1913 Webster] Note: The term was applied to a woman, in the same sense as outlaw to a man. A woman could not be outlawed, in the proper sense of the word, because, according to Bracton, she was never in law, that is, in a frankpledge or decennary; but she might be waived, and held as abandoned. --Burrill. [1913 Webster]