resign

/'ri:'sain/
Verb
  1. accept as inevitable
    • He resigned himself to his fate
  2. part with a possession or right
    • I am relinquishing my bedroom to the long-term house guest
    • resign a claim to the throne
  3. give up or retire from a position
    • The Secretary of the Navy will leave office next month
    • The chairman resigned over the financial scandal
  4. leave (a job, post, or position) voluntarily
    • She vacated the position when she got pregnant
    • The chairman resigned when he was found to have misappropriated funds

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resign
The manager decided to resign from his position at the company.