The Collaborative International Dictionary
Pauperize
Pauperize \Pau"per*ize\, v. t. [imp. & p. p. Pauperized; p. pr. & vb. n. Pauperizing.] To reduce to pauperism; as, to pauperize the peasantry.
Wiktionary
pauperize
vb. To make someone a pauper; to impoverish
WordNet
Usage examples of "pauperize".
She pauperized gigolos, she spayed studs, she hospitalized heartbreakers.
The more sadistic of them might enjoy pauperizing the competition, but almost all wanted customers who would look forward to the next fleecing.