the GNU version of the Collaborative International Dictionary of English
n. The act of impoverishing, or the state of being impoverished; reduction to poverty.
The Century Dictionary and Cyclopedia
n. The act of impoverishing, or the state of being impoverished; a reducing to indigence; reduction of vigor, capacity, fertility, etc.; deterioration.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. the state of having little or no money and few or no material possessions
n. the act of making someone poor
Word Usage
"One must guard against the misinterpretation of this term impoverishment as compared with the state of affairs which would have developed in the absence of credit expansion and the boom."