Abnegation (noun)

The action of renouncing or rejecting something; self-denial or self-sacrifice.

Origin:

From latin abnegationem ("denial, renunciation"), from abnegare ("to deny, renounc.e")

Examples:

1. His abnegation of wealth and fame was admirable.
2. The abnegation of her personal needs for the sake of her children was admirable.
3. The monk's abnegation of worldly desires was a key aspect of his spiritual practice.
4. The abnegation of one's own interests for the sake of others is a virtue.
5. The abnegation of one's own desires for the sake of others is a noble act.