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disband (v.)

1590s, transitive, "break up (a company or band), dismiss from united service or action" (especially a military force), also intransitive, "become disunited, go separate ways," from French desbander "discharge in a body from military service" (Modern French débander), from des- "opposite of" (see dis-) + bander "to bind" (see band (v.)). Related: Disbanded; disbanding; disbandment.

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Definitions of disband from WordNet

disband (v.)
cause to break up or cease to function;
the principal disbanded the political student organization
disband (v.)
stop functioning or cohering as a unit;
Synonyms: dissolve
From wordnet.princeton.edu