defund
[ dee-fuhnd ]
/ diˈfʌnd /
verb (used with object)
to withdraw financial support from, especially as an instrument of legislative control: Many university programs were defunded by the recent government cutbacks.
to deplete the financial resources of: The cost of the lawsuit defunded the company's operating budget.
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Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021