To “waive” is to forego something. It is an act of voluntarily giving up a right, and can apply to a variety of legal situations including knowingly giving up a legal right such as a speedy trial, a jury trial, giving up some rights in a...
subject
waiver
Intentionally or voluntarily giving up one's recognized right.
war correspondents
War correspondents are specialized journalists who are present in times of war or armed conflict, with the authorization of the armed forces. War correspondents work under the protection of the army, on the locations of their operations....
warrantless
Warrantless means that government officers carry out a search or arrest without a warrant or any other legal authorization. The requirement of a warrant serves to protect individuals’ privacy interests against unreasonable governmental...
warranty
In general, a warranty is a promise, assurance, or statement made by the warrantor regarding the existence or accuracy of specific facts or the condition, quality, quantity, or nature of a good or property. There are express and implied...
warranty of fitness
A warranty of fitness is a type of warranty that asserts that the goods are suitable for the special purpose of the buyer, and such warranty will not be satisfied by mere fitness for general purposes. While the good may be fit for its...
warranty of merchantability
A warranty of merchantability is a type of warranty that asserts that the goods are reasonably fit for its ordinary and intended purpose for which they are sold.
An implied warranty of merchantability is defined in U.C.C. §...
wash sale
Wash sale is defined as selling of an asset such as stocks or bonds on a loss and repurchasing of other stocks or bonds of substantially similar nature within a very short period of time frame. This method is often used to realize a loss, so...
Washington DC Voting Rights Amendment
The Washington D.C. Voting Rights Amendment was a proposed amendment by Congress in 1978 to the U.S. Constitution giving Washington D.C. similar representation to states in the national government. Currently, as set out in the 23rd amendment...
watered stock
Watered stock refers to any stock issued by a corporation to someone in exchange for assets that under-compensate for the stock. The issue was a larger problem in the early 20th century when investors depended on the par value of stocks which...