Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
In legal speak, a waiver is an exemption. If a fee is waived, that means you don't have to pay it.
- "If I buy this house as-is, I waive my right to rescind my purchase if I find ghosts in it."
- "If I hire you as my fund manager, I waive my right to sue you based on bad performance."