Crossword Genius

Formally give up (a right or claim) (8)

Ross

I believe the answer is:

renounce

(Other definitions for renounce that I've seen before include "Reject, perhaps the devil" , "Give up, power say" , "Publicly give up rights" , "Give up, abdicate" , "Forswear, relinquish" .)

I've seen this clue in The Times.
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