renounce

renounce
To waive or relinquish; as, to renounce a right. The term as used in the Uniform Limited Partnership Act providing that a person erroneously believing himself to be a limited partner is not liable as a general partner "provided that on ascertaining the mistake he promptly renounces his interest in the profits of the business," means the giving up of a right or claim; the object of the provision is to put creditors in the position they would have occupied if there had been no limited partner at the time their debts were contracted. Gilman Paint & Varnish Co. v Legum, 197 Md 665, 80 A2d 906, 29 ALR2d 286. See renunciation.

Ballentine's law dictionary. . 1998.

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  • Renounce — Re*nounce (r[ e]*nouns ), v. t. [imp. & p. p. {Renounced} ( nounst ); p. pr. & vb. n. {Renouncing} ( noun s?ng).] [F. renoncer, L. renuntiare to bring back word, announce, revoke, retract, renounce; pref. re re + nuntiare to announce, fr. nuncius …   The Collaborative International Dictionary of English

  • renounce — re·nounce /ri nau̇ns/ vb re·nounced, re·nounc·ing vt 1: to announce one s abandonment or giving up of a right to or interest in: disclaim (1) renounce an inheritance 2: to refuse to follow, obey, or recognize any further …   Law dictionary

  • renounce — late 14c., from O.Fr. renoncer, from L. renuntiare proclaim, protest against, renounce, from re against + nuntiare to report, announce, from nuntius messenger (see NUNCIO (Cf. nuncio)). Related: Renounced; renouncing …   Etymology dictionary

  • renounce — [ri nouns′] vt. renounced, renouncing [ME renouncen < OFr renoncer < L renuntiare < re , back + nuntiare, to tell < nuntius, messenger: see NUNCIO] 1. to give up (a claim, right, belief, etc.), usually by a formal public statement 2.… …   English World dictionary

  • Renounce — Re*nounce , n. (Card Playing) Act of renouncing. [1913 Webster] …   The Collaborative International Dictionary of English

  • Renounce — Re*nounce , v. i. 1. To make renunciation. [Obs.] [1913 Webster] He of my sons who fails to make it good, By one rebellious act renounces to my blood. Dryden. [1913 Webster] 2. (Law) To decline formally, as an executor or a person entitled to… …   The Collaborative International Dictionary of English

  • renounce — 1 *abdicate, resign Analogous words: sacrifice, abnegate, *forgo, forbear, eschew Antonyms: arrogate: covet (sense 2) Contrasted words: usurp, preempt, appropriate (see ARROGATE) 2 *abjure, forswear, recant, retract …   New Dictionary of Synonyms

  • renounce — [v] abandon, reject abdicate, abjure, abnegate, abstain from, apostacize, arrogate, cast off, decline, defect, demit, deny, desert, disavow, discard, disclaim, disown, divorce oneself from*, drop out, dump*, eschew, forgo, forsake, forswear, give …   New thesaurus

  • renounce — ► VERB 1) formally declare one s abandonment of (a claim, right, or possession). 2) refuse to recognize any longer. 3) abandon (a cause, bad habit, or way of life). DERIVATIVES renounceable adjective renouncement noun renouncer noun …   English terms dictionary

  • renounce — UK [rɪˈnaʊns] / US verb [transitive] Word forms renounce : present tense I/you/we/they renounce he/she/it renounces present participle renouncing past tense renounced past participle renounced formal 1) to state formally that you no longer… …   English dictionary

  • renounce — v. (D; tr.) to renounce for (to renounce wealth for happiness) * * * [rɪ naʊns] (D; tr.) to renounce for (to renounce wealth for happiness) …   Combinatory dictionary

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