abdication

noun5

1. •
   The act of abdicating; the renunciation of a high office, dignity, or trust, by its holder.
2. •
   The voluntary renunciation of sovereign power.
3. •
   (no longer used) The renunciation of interest in a property or a legal claim; abandonment.
4. •
   (no longer used) The action of being deposed from the seat of power.
5. •
   (no longer used) The act of disowning or disinheriting a child.