Waive (verb)

1. Formally give up a right, claim, or privilege, especially in writing.
2. Renounce or abandon (a claim or right).
3. Not insist on or enforce the use of (something, such as a rule).

Origin:

Late middle english: from old northern french waiveir, from waif "lost property", of germanic origin.

Examples:

1. The lawyer waived his client's right to a trial.
2. She waived her claim to the estate.
3. The school waived its dress code for the day.
4. The company waived its policy for employees to wear uniforms.
5. He waived his right to remain silent.