relinquish

verb4

1. •
   To give up, abandon or retire from something; to trade away.

   • to relinquish rights
2. •
   To metaphorically surrender, yield control or possession.

   • But it was the most fleeting of false dawns. Dmitri Yachvilli slotted a penalty from distance after Flood failed to release his man on the deck, and France took a grip they would never relinquish. — 2011
3. •
   To accept to give up, withdraw etc.

   • The delegations saved the negotiations by relinquishing their incompatible claims to sole jurisdiction.
4. •
   To let go (free, away), physically release.