A more thorough explanation:

Definition: Relinquishment is the act of giving up or abandoning a right or possession.

Example: John decided to relinquish his ownership of the company to his partner.

Explanation: In this example, John is giving up his right to own the company and is transferring ownership to his partner. This is an act of relinquishment.

Example: The mother had to sign a relinquishment form to give up her parental rights to her child.

Explanation: In this example, the mother is voluntarily giving up her right to be a parent to her child by signing a relinquishment form. This is an act of relinquishment.