raspustiti

1. (of a body or group) to dissolve; to disband
   Predsednik je raspustio skupštinu i raspisao izbore. — The president dissolved parliament and called elections.
   Bend je raspušten posle deset godina. — The band was disbanded after ten years.
2. (of pupils, staff) to dismiss; to let go
   Učiteljica je raspustila decu ranije zbog snega. — The teacher let the children go early because of the snow.
3. (of hair) to let down
   Raspustila je kosu i pogledala se u ogledalo. — She let her hair down and looked in the mirror.
4. derog. (of children) to spoil; to let become undisciplined
   Baba i deda su sasvim raspustili unuke. — Grandma and grandpa have let the grandchildren run completely wild.

The imperfective is raspuštati; the related noun raspust means "school holidays".