relinquish

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

to relinquish a title

to relinquish property

To let go (free, away), physically release.

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.

To accept to give up, withdraw etc.

The delegations saved the negotiations by relinquishing their incompatible claims to sole jurisdiction.