demit

1. To relinquish (an office or function).
2. Archaic. To dismiss.

[Middle English dimitten, to release, from Old French demettre, from Latin dīmittere : dis-, away; see dis- + mittere, to send.]

verb

1. To relinquish one's engagement in or occupation with: leave, quit, resign, terminate. See continue/stop/pause.
2. To give up a possession, claim, or right: abandon, abdicate, cede, forswear, hand over, quitclaim, relinquish, render, renounce, resign, surrender, waive, yield. See keep/release.