Is “Waiver” a Scrabble word?

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Yes
WAIVER
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Unavailable

Meaning of Waiver

/ˈweɪ.və(ɹ)/

noun
  1. 1.The act of waiving, or not insisting on, some right, claim, or privilege.

  2. 2.A legal document removing some requirement, such as waiving a right (giving it up) or a waiver of liability (agreeing to hold someone blameless).

    I had to sign a waiver when I went skydiving, agreeing not to sue even if something went wrong.

  3. 3.Something that releases a person from a requirement.

    I needed a waiver from the department head to take the course because I didn't technically have the prerequisite courses.

verb
  1. 1.To waive (to relinquish, to forego).