Crossword Genius

Give up formally (8)

Ross

I believe the answer is:

renounce

(Other definitions for renounce that I've seen before include "Disclaim or reject publicly" , "Give up, abdicate" , "Publicly give up rights" , "Forswear, relinquish" , "Decide to forgo" .)

I've seen this clue in the Evening Standard.
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