relinquish
verb
part with a possession or right
“I am relinquishing my bedroom to the long-term house guest”
“resign a claim to the throne”
do without or cease to hold or adhere to
“We are dispensing with formalities”
“relinquish the old ideas”
turn away from; give up
“I am foreswearing women forever”
release, as from one's grip
“Let go of the door handle, please!”
“relinquish your grip on the rope--you won't fall”
Source: WordNet 3.1, Princeton University
