Liability Waiver

Intermediate ⚖️ Legal

Definition

A document where you agree not to sue someone if you get hurt—basically signing away your right to complain when you knew the risk.

Example Usage

Participants in the extreme sports event had to sign a liability waiver.

Origin

Combination of 'liability' and 'waive' meaning 'to relinquish'

Fun Fact

Liability waivers can't protect against gross negligence or intentional harm—so if a skydiving company intentionally cuts your parachute cord, you can still sue.

Source: Contract Law

Related Terms

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