IMPOVERISHMENT
pauperization, pauperisation, impoverishment
(noun) the act of making someone poor
poverty, poorness, impoverishment
(noun) the state of having little or no money and few or no material possessions
Source: WordNet® 3.1
Etymology
Noun
impoverishment (usually uncountable, plural impoverishments)
The action of impoverishing someone.
The state of being impoverished.
Synonyms
• immiseration
Source: Wiktionary
Im*pov"er*ish*ment, n. Etym: [Cf. OF. empoverissement, and F.
appauvrissement.]
Definition: The act of impoverishing, or the state of being impoverished;
reduction to poverty. Sir W. Scott.
Source: Webster’s Unabridged Dictionary 1913 Edition