How is “bow out” used?

In This Is the End (2013), one line is: “I'm bowing out. I'm declining to go.”

Which movie is “bow out” from?

The clip at the top of this page is from This Is the End (2013).

I'm bowing out. I'm declining to go.

6 作品で登場 · 1 本目

to stop taking part in an activity, especially one in which you have been successful in the past

5 本の映画に登場

オックスフォード映画の 100%
to stop taking part in an activity, especially one in which you have been successful in the past
Can you bow out when They're shouting your name?
Maybe I'll try and bow out and get a headstart and early prep for Vegas this weekend.

定義：Oxford Advanced Learner's Dictionary 第 9 版