abdication Meaning, Definition & Usage
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noun a formal resignation and renunciation of powers
stepping down.
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noun the act of abdicating
stepping down.
WordNet
Ab`di*ca"tion noun
Etymology
L.Definitions
The act of abdicating; the renunciation of a high office, dignity, or trust, by its holder; commonly the voluntary renunciation of sovereign power; as, .abdication of the throne, government, power, authority