This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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n. Relinquishment of an office or function.

n. Resignation; abdication.

n. The act of demitting, or the state of being demitted; a letting down; a lowering; dejection.

n. Resignation of an office.

n. A lowering; degradation; depression.

n. A laying or letting down; relinquishment; resignation; transference.

"And that this demission of our royal authority may have the more full and solemn effect, and none pretend ignorance, we give, grant, and commit, fall and free and plain power to our trusty cousins, Lord Lindesay of the"

demit    demise   

lowering    dejection