"waiving" in the verb sense
1. waive, relinquish, forgo, forego, foreswear, dispense with
do without or cease to hold or adhere to
"We are dispensing with formalities"
"relinquish the old ideas"
2. forfeit, give up, throw overboard, waive, forgo, forego
lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime
"you've forfeited your right to name your successor"
Source: WordNet® (An amazing lexical database of English)
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