a government policy of promoting the business interests of its citizens in other countries.
diplomacy or foreign relations strengthened by the power of a nation's financial resources.
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Origin of dollar diplomacy
An Americanism dating back to 1905–10
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for dollar diplomacy
noun mainly US
a foreign policy that encourages and protects capital investment and commercial and financial involvement abroad
use of financial power as a diplomatic weapon
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Culture definitions for dollar diplomacy
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.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.