dollar diplomacy

noun

1. a government policy of promoting the business interests of its citizens in other countries.

2. diplomacy or foreign relations strengthened by the power of a nation's financial resources.

dollar diplomacy

noun

1. a foreign policy that encourages and protects capital investment and commercial and financial involvement abroad

2. use of financial power as a diplomatic weapon

dollar diplomacy

1. The use of diplomatic influence, economic pressure, and military power to protect a nation's economic and business interests abroad. The term was first used to describe the exploitative nature of United States involvement in Latin America.

Word History and Origins

Origin of dollar diplomacy¹

An Americanism dating back to 1905–10