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excimation 

An excruciatingly painful medical procedure meant to cure frequent urination in animals related to kidney infections. Excimation may also be used to describe a horrifying experience of public shame.
The brutality of Doug's excimation at the hands of Judy was painful to watch.
excimation by dj1972 December 7, 2011
Related Words
The act of taking over a business, it's the third step in a 4 step process. One is not simply selected as boss, they humiliate the current boss, impose their will, and take control of the business. In return, the previous boss sulks in self misery.

Not to be mistaken by eliminate, elimate is the coup d'etat of the business world.
Maariko decided to elimate and take control of the business, leaving Russ in the dust.
Elimate by bizair20 February 22, 2020