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Noun: impoverishment  ,im'pó-vu-rish-munt
  1. The state of having little or no money and few or no material possessions
    - poverty, poorness, immiserization, immiserisation [Brit], immiseration
  2. The act of making someone poor
    - pauperization, pauperisation [Brit]

Derived forms: impoverishments

Type of: deprivation, financial condition, privation

Antonym: wealth