waiver; renunciation of rights
Legal term for voluntarily giving up a right, claim, or privilege. Used in contracts, legal proceedings, and formal contexts.
The contract includes a waiver clause.
He waived his inheritance rights.
放棄 means 'abandonment' or 'renunciation' in general; 権利放棄 specifically refers to the waiver of rights.
general release; quit claim agreement; waiver agreement
Compound of 権利 (right) and 放棄 (abandonment, renunciation).