Resignation refers to voluntarily stepping down from a position of power before completing one's term. In politics, it usually happens due to personal or political reasons.
Related terms
Successor: A person who takes over a role or position after someone else has resigned or retired.
Inauguration: The formal ceremony in which a newly elected or re-elected leader is sworn into office.
Legacy: The impact and contributions left behind by a person after they have left their position of power.