S: (v) forfeit, give up, throw overboard, waive, forgo, forego (lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime) "you've forfeited your right to name your successor"; "forfeited property"
S: (v) lapse (let slip) "He lapsed his membership"
S: (v) de-access (dispose of by selling) "the museum sold off its collection of French impressionists to raise money"; "the publishing house sold off one of its popular magazines"
S: (v) close out (terminate by selling off or disposing of) "He closed out his line of sports cars"