remove oneself from an obligation;
"He bowed out when he heard how much work was involved"
"He bowed out when he realized he could no longer handle the demands of the chairmanship"
- Mr.Black bowed out of politics due to poor health.
- After thirty years in politics, he is finally bowing out.
- I'm bowing out of this scheme I don't approve of it.
- I bowed out five years ago when I was sixty.