Resign From a Position, Call It a Day

This page is the CodyCross answer for the clue below from The 80s, Group 786, Puzzle 3 (Sony Walkman).

Question is: Resign From a Position, Call It a Day

and the answer is: STANDDOWN

Word Meaning:

STAND DOWN — (idiomatic) To wait; to stop pursuing, stop fighting, or relax from a heightened readiness posture.

Definitions from Wiktionary.