noun
resignation
rez-ig-NAY-shun/ˌrezɪɡˈneɪʃn/
The formal act of leaving a job or position.
The manager hands her resignation to the director.

Etymology
Marking an account with re-, perhaps meaning “opposite,” suggests a balancing entry that canceled a claim. The resulting sense of giving something up underlies formally relinquishing an office or position.
In context
when Florentino Pérez announced his resignation as president of Real Madrid.
I put my resignation letter into cupcakes and pass them out at the office.
More examples
- His resignation took effect at the end of the month.
- The board accepted three resignations.
- She submitted her resignation after finding another job.
Forms
resignation · resignations
resign verb — formally leave a position
Similar words
- departure
- Broader; does not necessarily involve formally giving up a position.
- retirement
- Usually marks the end of a career or regular working life.