How to make a MovieClip remove itself in AS3?

Question

What is the equivalent to removeMovieClip() in AS3?

Apparently many have the same question:
StackOverflow:

1. How to completely remove a

Answer 1

I use, in an extra blank keyframe at the end of the MovieClip which should remove itself:

stop();
MovieClip(parent).removeChild(this);

Found it to be the proper and best solution.