/ˈweɪvər ʌv dɪˈfɛnsɪz/ – noun
Definition: từ bỏ quyền lợi phòng vệ.
A more thorough explanation: a provision in which the consumer gives up the right to raise against the financer any claims or defences arising from the consumer sales agreement
Example: Neither the waiver of limits nor the waiver of defences should be applicable in respect of claims made by public social insurance or similar bodies.