Dictionary

peace dividend

noun

: money that a government originally planned to spend on its military that becomes available for other things when a situation changes (such as when a war ends)

Full Definition of PEACE DIVIDEND

:  a portion of funds made available for nondefense spending by a reduction in the defense budget (as after a war)
ADVERTISEMENT

First Known Use of PEACE DIVIDEND

1968

Browse

Next Word in the Dictionary: peace dollarPrevious Word in the Dictionary: Peace DemocratAll Words Near: peace dividend
ADVERTISEMENT
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears