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خلو

English translation: Waiver

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Arabic term or phrase:خلو
English translation:Waiver
Entered by: Diya Takrouri

13:05 Oct 23, 2020
Arabic to English translations [PRO]
Bus/Financial - Finance (general) / Lebanese tax declaration
Arabic term or phrase: خلو
This term appears in a Lebanese corporate tax declaration.

The title of the table is:
بيان بالمبالغ المدفوعة بدل خلو، شراء مؤسسة
تملك حصص في شركات أشخاص أو محدودة المسئولية أو أسهم في شركات مساهمة

Brittany Jones
Egypt
Local time: 13:13
Waiver
Explanation:
A waiver is the voluntary relinquishment or surrender of some known right or privilege.

Regulatory agencies of the oppressive state departments or governments may issue waivers to exempt companies from certain regulations. For example, a United States law restricted the size of banks, but when banks exceeded these sizes, they obtained waivers.[1] In another example, the United States federal government may issue waivers to individual states so that they may provide Medicaid in different ways than the law typically requires.[2]

While a waiver is often in writing, sometimes a person's words can also be used as a counteract to a waiver. An example of a written waiver is a disclaimer, which becomes a waiver when accepted. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause.

In some cases, parties may sign a "non-waiver" contract which specifies that no rights are waived, particularly if a person's actions may suggest that rights are being waived. This is particularly common in insurance. Sometimes the elements of "voluntary" and "known" are established by a legal fiction. In this case, one is presumed to know one's rights and that those rights are voluntarily relinquished if not asserted at the time.
Selected response from:

Diya Takrouri
Türkiye
Local time: 14:13
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Waiver
Diya Takrouri
4Key money
Ali Abdulmaqsood


  

Answers


24 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Waiver


Explanation:
A waiver is the voluntary relinquishment or surrender of some known right or privilege.

Regulatory agencies of the oppressive state departments or governments may issue waivers to exempt companies from certain regulations. For example, a United States law restricted the size of banks, but when banks exceeded these sizes, they obtained waivers.[1] In another example, the United States federal government may issue waivers to individual states so that they may provide Medicaid in different ways than the law typically requires.[2]

While a waiver is often in writing, sometimes a person's words can also be used as a counteract to a waiver. An example of a written waiver is a disclaimer, which becomes a waiver when accepted. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause.

In some cases, parties may sign a "non-waiver" contract which specifies that no rights are waived, particularly if a person's actions may suggest that rights are being waived. This is particularly common in insurance. Sometimes the elements of "voluntary" and "known" are established by a legal fiction. In this case, one is presumed to know one's rights and that those rights are voluntarily relinquished if not asserted at the time.


    https://en.wikipedia.org/wiki/Waiver
Diya Takrouri
Türkiye
Local time: 14:13
Works in field
Native speaker of: Native in ArabicArabic
PRO pts in category: 24
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Sajad Neisi
4 hrs
  -> Thanks !
Login to enter a peer comment (or grade)

9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Key money


Explanation:
Key money: money paid to a landlord as an inducement by a person wishing to rent a property.


    https://www.meemapps.com/term/key-money/
Ali Abdulmaqsood
Egypt
Local time: 13:13
Works in field
Native speaker of: Native in ArabicArabic
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