We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Waivers

Definition:

In legal speak, a waiver is an exemption. If a fee is waived, that means you don't have to pay it.

Examples

  • "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."