waive

Verb
  1. Do without or cease to hold or adhere to (synset 202539728)
    "We are dispensing with formalities"; "relinquish the old ideas"
  2. Lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime (synset 202308311)
    "you've forfeited your right to name your successor"; "forfeited property"

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