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peace dividend

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noun

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

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Nearby words

  1. peabody, endicott,
  2. peabody, george,
  3. peace,
  4. peace and quiet,
  5. peace corps,
  6. peace dove,
  7. peace offensive,
  8. peace offering,
  9. peace officer,
  10. peace pipe

Origin of peace dividend

First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for peace dividend

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