
der Abschied
farewell
The act or moment of saying goodbye when leaving a place or a person.
Der Abschied am Bahnhof fiel ihnen sehr schwer.
The farewell at the train station was very hard for them.
farewell / departure
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farewell
The act or moment of saying goodbye when leaving a place or a person.
Der Abschied am Bahnhof fiel ihnen sehr schwer.
The farewell at the train station was very hard for them.

to say goodbye
To consciously say goodbye to a person, place, phase of life, or idea; to leave something behind.
Es ist Zeit, von alten Gewohnheiten Abschied zu nehmen.
It is time to say goodbye to old habits.

departure / retirement
Leaving an office, position, or working life, often in the sense of retirement or dismissal.
Nach 40 Jahren im Unternehmen feierte er seinen Abschied in den Ruhestand.
After 40 years at the company, he celebrated his departure into retirement.
'Abschied' comes from the old verb 'scheiden', which means 'to separate'. The prefix 'ab-' strengthens the idea of separation. So an 'Abschied' is literally the moment of separation.
Der Abschied von seiner Familie fiel ihm nicht leicht.
The farewell from his family was not easy for him.
'Der Abschied' is the noun form of the verb 'sich verabschieden' (to say goodbye). When you say goodbye to someone, this moment is the 'Abschied' (farewell).
Wir müssen uns jetzt leider verabschieden.
Unfortunately, we have to say goodbye now.
To describe the emotions involved, 'Abschied' is often combined with adjectives such as 'schwer' (hard), 'leicht' (easy), 'herzlich' (warm/cordial), or 'tränenreich' (tearful).
Es war ein sehr herzlicher Abschied unter Freunden.
It was a very warm farewell among friends.
The expression 'Abschied nehmen von + dative' (to say goodbye to) is very common. It emphasizes the conscious, active process of saying goodbye, often to something abstract like an idea or habit.
Er musste von dem Gedanken Abschied nehmen, jemals reich zu werden.
He had to say goodbye to the idea of ever becoming rich.
In a professional context, 'Abschied' is often used with the prepositions 'aus' (from) or 'in' (into): 'der Abschied aus dem Amt' (leaving office) or 'der Abschied in den Ruhestand' (retirement).
Die Firma organisierte eine große Feier für seinen Abschied in den Ruhestand.
The company organized a big celebration for his departure into retirement.
resignation / withdrawal
Both words can refer to voluntarily leaving an office or position. Rücktritt explicitly refers to formally giving up the office, while Abschied emphasizes the personal or more generally marked conclusion. In political news, Rücktritt is usually the more precise term.

Sein Abschied aus dem Amt wurde mit einer kleinen Feier gewürdigt.
His departure from office was marked with a small celebration.
Die Ministerin erklärte heute ihren Rücktritt von ihrem Amt.
The minister announced her resignation from office today.