renunciation

renunciation
The act by which a person abandons a right acquired without transferring it to another. The Model Penal Code (No. 5.01(4)) recognizes renunciation of criminal purpose (e.g., abandonment of effort to commit crime) as an affirmative defense.
See e.g. 18 U.S.C.A. No. 373(b).
See withdrawal from criminal activity.
Under the Uniform Commercial Code the unilateral act of the holder, usually, without consideration, whereby he expresses the intention of abandoning his rights on the instrument or against one or more parties thereto. U.C.C. No. 1-107.
A means whereby a holder discharges a party's liability on an instrument by declaring an intention to discharge in a signed and delivered writing. U.C.C. No. 3-605(lXb).
Within Uniform Commercial Code it is a gratuitous abandonment or giving up of right, and does not require a consideration. Miller v. Gayman, Mo., 482 S.W.2d 414 or 419.
In connection with wills, the act of waiving a will and claiming a statutory share as in the case of a spouse whose share under a will is less than her statutory share.
See election (law of wills); election by spouse.
See also disclaimer

Black's law dictionary. . 1990.

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  • renunciation — re·nun·ci·a·tion /ri ˌnən sē ā shən/ n: the act or practice of renouncing; specif: the act of refusing to continue to acknowledge, recognize, or be bound by a contract or obligation: repudiation Merriam Webster’s Dictionary of Law. Merriam… …   Law dictionary

  • Renunciation — • A canonical term signifying the resignation of an ecclesiastical office or benefice Catholic Encyclopedia. Kevin Knight. 2006. Renunciation     Renunciation      …   Catholic encyclopedia

  • renunciation — re‧nun‧ci‧a‧tion [rɪˌnʌnsiˈeɪʆn] noun [uncountable] FINANCE when an investor returns shares they have been offered to the company offering them: • The share certificate carries a form for renunciation on the reverse. * * * renunciation UK US… …   Financial and business terms

  • renunciation — renunciation, abnegation, self abnegation, self denial can all mean voluntary surrender or putting aside of something desired or desirable. Renunciation (see also under renounce at ABDICATE) commonly connotes personal sacrifice for a higher end… …   New Dictionary of Synonyms

  • Renunciation — Re*nun ci*a tion (r? n?n s? ? sh?n or sh? ? sh?n; 277), n. [Cf. F. renonciation, L. renuntiatio ann announcement. See {Renounce}.] 1. The act of renouncing. [1913 Webster] 2. (Law) Formal declination to take out letters of administration, or to… …   The Collaborative International Dictionary of English

  • Renunciation — (v. lat. Renunciatio), 1) feierliche Ernennung eines Candidaten zu dem Amt, zu welchem er erwählt war, s. Comitia; 2) (R. matrimonii), Trennung der Ehe, wenn der Mann in seiner Abwesenheit der Frau einen Scheidebrief schickte; 3)… …   Pierer's Universal-Lexikon

  • renunciation — late 14c., from L. renuntiationem (nom. renuntiatio), from renuntiatus, pp. of renuntiare renounce (see RENOUNCE (Cf. renounce)) …   Etymology dictionary

  • renunciation — [n] abandonment, rejection abdication, abjuration, abnegation, abstention, cancellation, denial, disavowal, disclaimer, eschewal, eschewing, forbearing, forswearing, giving up, rebuff, refusal, relinquishment, remission, renouncement, repeal,… …   New thesaurus

  • renunciation — ► NOUN ▪ the action or an act of renouncing …   English terms dictionary

  • renunciation — [ri nun΄sē ā′shən] n. [ME < L renuntiatio < renuntiatus, pp. of renuntiare: see RENOUNCE] 1. the act or an instance of renouncing; a giving up formally or voluntarily, often at a sacrifice, of a right, claim, title, etc. 2. a written… …   English World dictionary

  • renunciation — [[t]rɪnʌ̱nsie͟ɪʃ(ə)n[/t]] renunciations 1) N UNCOUNT: also N in pl The renunciation of a belief or a way of behaving is the public declaration that you reject it and have decided to stop having that belief or behaving in that way. The talks were… …   English dictionary

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