What is Legal Terms - Renunciation?

Legal Terms - Renunciation — Renunciation information: Abandonment of a right by either tacit admission or expressly. Complete abandonment is required, so transfers of the right to another is really not a renunciation. In the law of estates and wills, a renunciation is the waiving of a right to receive under the will and making instead a statutory (such as a wife's interest) claim.