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Now you have me wondering what your name is that you could possibly not want traffic associated with it :-).
If the search term makes money, you could add a script to redirect anything that comes in with that term in the search query string to someone using an affiliate code ;-)
When we stopped selling S****** products we posted a page saying "Sorry we don't sell S*******" products". That got to #1 in Google.com for that manufacturer's products. Rather than request Google take it off we put Adsense on there.
You wouldn't believe the CTR we get! :-)
Otherwise, use that space for a keyword phrase that is relevant to your core business.
If you remove the page, then no one will find it... If you change the title, the right people might.