(law) The relinquishment of a right, claim, or privilege; relinquishment of right to secure a patent by an inventor; relinquishment of copyright by an author. [Early 19th century.]
(law) The relinquishment by the insured to the underwriters of what may remain of the property insured after a loss or damage by a peril insured against. [Early 19th century.]
The cessation of service on a particular segment of the lines of a common carrier, as granted by a government agency.