PAUPERIZATION
pauperization, pauperisation, impoverishment
(noun) the act of making someone poor
indigence, need, penury, pauperism, pauperization
(noun) a state of extreme poverty or destitution; “their indigence appalled him”; “a general state of need exists among the homeless”
Source: WordNet® 3.1
Etymology
Noun
pauperization (countable and uncountable, plural pauperizations)
The act or process of reducing to pauperism.
Source: Wiktionary
Pau`per*i*za"tion, n.
Definition: The act or process of reducing to pauperism. C. Kingsley.
Source: Webster’s Unabridged Dictionary 1913 Edition