The Collaborative International Dictionary of English v.0.48:
Displace \Dis*place"\, v. t. [imp. & p. p. Displaced; p. pr. &
vb. n. Displacing.] [Pref. dis- + place: cf. F.
1. To change the place of; to remove from the usual or proper
place; to put out of place; to place in another situation;
as, the books in the library are all displaced.
2. To crowd out; to take the place of.
Holland displaced Portugal as the mistress of those
3. To remove from a state, office, dignity, or employment; to
discharge; to depose; as, to displace an officer of the
4. To dislodge; to drive away; to banish. [Obs.]
You have displaced the mirth. --Shak.
Syn: To disarrange; derange; dismiss; discard.