relinquish
/ˈrɛlɪŋkwɪʃ/Definitions
1. verb
to give up or surrender possession of something, typically because it is no longer wanted or needed
“She relinquished her claim to the property after realizing it was too expensive to maintain.”
2. verb
to give up a claim or right, especially in a formal or official way
“The company relinquished its patent rights for the new technology to allow others to use it freely.”
3. noun
the act of giving up or surrendering possession of something
“Her relinquish of the project was met with relief from the rest of the team.”