/rɪˌnʌnsiˈeɪʃən/ – Noun
Definition: việc từ chối, việc chối bỏ, việc từ bỏ.
A more thorough explanation: Renunciation is the formal act of giving up or relinquishing a right, claim, title, or possession, typically done voluntarily and with intent to abandon or disclaim any further interest in the matter renounced.
Example: The renunciation of her inheritance was documented in a formal legal agreement.