Which term refers to actions that imply a waiver?

The term that refers to actions that imply a waiver is known as an implied waiver. When a person takes certain actions or exhibits behavior that suggests they have relinquished their right or claim, they are said to have provided an implied waiver. This can occur through conduct or circumstances that indicate they are not exercising a specific right, even if they have not explicitly stated their intention to waive it.

For example, if an insurance company continuously accepts late premium payments without any repercussions, it could be interpreted that they are implying a waiver of the right to cancel the policy for non-payment, based on their behavior rather than a formal declaration.

The other terms do not capture this concept accurately. An expressed waiver involves a clear, definitive statement of relinquishment of a right, while concealment refers to the act of hiding information, and moral hazard relates to changes in behavior that occur when individuals do not bear the full consequences of their actions, often due to insurance coverage. Thus, these terms do not align with the actions that imply a waiver as effectively as "implied waiver" does.