Terminate (verb)

1. To bring to an end; to conclude or finish.
2. To dismiss or fire someone from a job or position.

Origin:

From latin terminare "to limit, set bounds to, end" , from terminus "boundary, end".

Examples:

1. The contract will be terminated next month.
2. The company decided to terminate his employment.
3. The relationship was terminated due to irreconcilable differences.
4. The program was terminated due to lack of funding.
5. The meeting was terminated early because of the storm.