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Loan waiver

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Loan Waiver

The removal of a real or a potential liability of a person or a party due to a voluntary action of another person or a party who is in an agreement with former is called a waiver. If the liability which is removed is a loan taken by the former person or party, it is called a loan waiver. Usually a waiver is in a written form or in the form of some action.[1]


  1. ^ http://www.investopedia.com/terms/enwiki/w/waiver.asp#axzz1aHuFg5lp. {{cite web}}: Missing or empty |title= (help)
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