Resign (verb)

1. Give up or quit (a job, position, or office).
2. Surrender or give up (a right or claim).
3. Accept (something) as inevitable or desirable.

Origin:

Late middle english: from old french resigner, from latin resignare "unseal, cancel, give up", from re- "back" + signare "seal, sign".

Examples:

1. He resigned his position as CEO.
2. She resigned herself to the situation.
3. The minister resigned after the scandal.
4. He resigned his membership in the club.
5. She resigned her claim to the inheritance.