‘Wave’ is a verb which means “to move to and fro of any object which is either living or non-living.”

Sentences

- The boy waved his hands at her.

- The people waved the flag to stop the bus.

‘Waive’ is a verb which means “to deny or not agree to something.”

Sentences

- I waived my right to my grandfather’s property.

- The Supreme Court waived the death penalty for eight criminals.