money cut by a government from its defense budget as a result of the cessation of hostilities with other countries.
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Origin of peace dividend
First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for peace dividend
additional money available to a government from cuts in defence expenditure because of the end of a period of hostilities
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