der Rücktritt
Translation
resignation, withdrawal, cancellation, stepping down
Examples
Der Minister kündigte seinen Rücktritt an.
The minister announced his resignation.
Der Rücktritt vom Vertrag ist noch möglich.
Withdrawal from the contract is still possible.
Grammar Patterns
Rücktritt von+3 resignation/withdrawal from (sth.) The withdrawal from the contract is complicated.
seinen Rücktritt erklären/ankündigen to announce one's resignation The chancellor announced his resignation.
Similar Words
die Kündigung (resignation/termination), der Rückzug (withdrawal), die Demission (demission)
Etymology
Composed of 'Rück-' (back) and 'Tritt' (step). It literally means a 'step back', as in stepping back from a role or contract.
Memory Tips
Imagine taking a 'step back' ('Rück-' + 'Tritt') from a commitment, which is what a resignation or withdrawal is.