relinquish

The aging king decided to relinquish the throne to his eldest son and retire to the countryside.

(Chinese) 年迈的国王决定将王位让给长子，然后退休到乡下。

He was forced to relinquish control of the company after the board of directors voted against him.

(Chinese) 在董事会投票反对他后，他被迫放弃了对公司的控制权。