relinquish
verb (used with object)
to renounce or surrender (a possession, right, etc.).
Used to describe an action that will be fully completed or achieved by a specific point in the future.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Said Chairman Henry Ford II to his firm's local managers: "By the end of this year I will have relinquished my executive responsibilities with the Ford Motor Co."
From Time Magazine Archive
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