defund

 [dee-fuhnd]  

de·fund

   [dee-fuhnd]
verb (used with object)
1.
to deplete the financial resources of: The cost of the lawsuit defunded the company's operating budget.
2.
to withdraw financial support from: Many university programs were defunded by the recent government cutbacks.
Origin:
de- + fund
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Defund is one of our favorite verbs.
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