disclaim

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verb

To refuse to recognize or acknowledge: deny, disacknowledge, disavow, disown, reject, renounce, repudiate. Idioms: turn one's back on. See accept/reject.

v

Definition: deny
Antonyms: accept, acknowledge, admit, allow, claim, own

To renounce an interest or obligation by way of a legal instrument - usually a written disclaimer, or a disclaiming trust. Property may be disclaimed for several reasons: because it is unwanted, because it carries heavy liabilities, because of tax reasons, or because the intended beneficiary wants to pass the property to another beneficiary. Liabilities, obligations, beneficial ownership, or rights may also be disclaimed.

Investopedia Says:
1. When analyzing a company's proxy statement, it is common to read that a member of an executive's family owns a number of shares, but the executive disclaims beneficial ownership in the stock.

2. In succession planning, a beneficiary may disclaim an inheritance, thus passing the inherited property to the contingent beneficiary and avoiding inheritance taxes, as well as any liabilities that may come with the property.

Related Links:
Contrary to popular belief, inheriting assets isn't always a good thing. Find out what to do if you want to disclaim them. Refusing An Inheritance
There are some good reasons for choosing not to accept the funds, but be sure you follow the proper process. Disclaiming Inherited Plan Assets
Keeping on top of these amendments can help you avoid penalties and take advantage of benefits. Changes In Tax Legislation And Regulation
A disclosure is meant to reveal the nature of the relationship between analyst and subject company. Find out more here. Disclosures: The Good, The Bad, And The Ugly

IN BRIEF: To deny or renounce any connection to something.

The professor knew better than to disclaim he did not have all the answers.

LearnThatWord.com is a free vocabulary and spelling program where you only pay for results!

For a list of words related to disclaim, see:

• Disapproval, Disrespect, and Denial - disclaim: (vb) deny interest in or connection with; disavow

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  See crossword solutions for the clue Disclaim.

Dansk (Danish)
v. tr. - benægte, fralægge sig, afvise, give afkald på
v. intr. - afvise, opgive

Nederlands (Dutch)
afstand doen, ontkennen, uitzondering maken, verantwoordelijk- heid afwijzen

Français (French)
v. tr. - démentir, renier, rejeter, désavouer (la paternité), (Jur) se désister de, renoncer à
v. intr. - renoncer à (un droit, une revendication)

Deutsch (German)
v. - abstreiten, (jur.) Verzicht leisten

Ελληνική (Greek)
v. - αποποιούμαι, (απ)αρνούμαι

Italiano (Italian)
disconoscere, rinnegare

Português (Portuguese)
v. - negar, rejeitar, desaprovar

Русский (Russian)
отказываться, отрекаться, снимать с себя ответственность за

Español (Spanish)
v. tr. - rechazar, renunciar
v. intr. - renunciar

Svenska (Swedish)
v. - frånsäga sig, inte erkänna, dementera

中文（简体）(Chinese (Simplified))
放弃, 拒绝承认, 否认, 放弃权利

中文（繁體）(Chinese (Traditional))
v. tr. - 放棄, 拒絕承認, 否認
v. intr. - 放棄權利, 否認

한국어 (Korean)
v. tr. - (권리 등을) 포기하다, (책임 등을) 인정하지 않다
v. intr. - 인정되지 않다

日本語 (Japanese)
v. - 否認する, 放棄する

العربيه (Arabic)
‏(فعل) ينكر, يتبرأ من‏

עברית (Hebrew)
v. tr. - ‮ניער חוצנו מ-, ויתר על תביעה‬
v. intr. - ‮ניער חוצנו מ-‬

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