DISINCORPORATION
\dˌɪsɪnkˌɔːpəɹˈe͡ɪʃən], \dˌɪsɪnkˌɔːpəɹˈeɪʃən], \d_ˌɪ_s_ɪ_n_k_ˌɔː_p_ə_ɹ_ˈeɪ_ʃ_ə_n]\
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n. Deprivation of the privileges of a corporation.