1. The act of voluntarily relinquishing or forgoing a desired objective, aim, or target
The team's waiver of the goal to win the championship allowed them to focus on player development.
A renúncia ao objetivo de vencer o campeonato permitiu que o time se focasse no desenvolvimento dos jogadores.
2. In legal contexts, a formal relinquishment of a right or claim to achieve a specific objective
The company issued a waiver of the goal to expand internationally due to financial constraints.
A empresa emitiu uma renúncia ao objetivo de expandir internacionalmente devido a restrições financeiras.