peace dividend

noun

money cut by a government from its defense budget as a result of the cessation of hostilities with other countries.

Origin of peace dividend

First recorded in 1985–90

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for peace dividend

Contemporary Examples of peace dividend

After the Cold War, the peace-dividend consensus required a downsized Army.
The Next Fort Hood
Ken Allard
November 10, 2009

British Dictionary definitions for peace dividend

peace dividend

noun

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