Collision Damage Waiver

Business, Legal & Accounting Glossary

Definition: Collision Damage Waiver


Collision Damage Waiver


Full Definition of Collision Damage Waiver


Special policy for individuals who have rented a vehicle. Under this policy, the rental company waives the right to collect damages from the individual for any loss, even if the individual is at fault. There is a sizable fee associated with this coverage.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/collision-damage-waiver/
Modern Language Association (MLA):
Collision Damage Waiver. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/collision-damage-waiver/.
Chicago Manual of Style (CMS):
Collision Damage Waiver. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/collision-damage-waiver/ (accessed: April 23, 2024).
American Psychological Association (APA):
Collision Damage Waiver. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/collision-damage-waiver/

Definition Sources


Definitions for Collision Damage Waiver are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.