Abdicates

3 clues
Surrenders
Renounces the throne
Resigns, at a high level
Similar answers:
Abdi
Abdicable
Abdicate
Abdicated
Abdicates
Abdicator
Abdicators
Abdiel
Actofabdication
Adjudicates
Advocates
Allocates
Alowcrabdiet
Bifurcates
Cates
Certificatesofdeposit
Crabdip
Crabdiver
Dedicates
Delicates