Dispense with a view (5)

I believe the answer is:

waive

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'dispense' is the definition.
(thesaurus)

'with a view' is the wordplay.
'with' becomes 'w' (short for with).
'view' becomes 'ive' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'w'+'a'+'ive'='WAIVE'

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(Other definitions for waive that I've seen before include "Don't insist on" , "pass up" , "Refrain from insisting on right or claim" , "Refrain from insisting on right or privilege" , "Forgo right or claim" .)

I've seen this clue in The Irish Independent.

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