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peace dividend
noun
: a portion of funds made available for nondefense spending by a reduction in the defense budget (as after a war)
Examples of peace dividend in a Sentence
Recent Examples on the Web
Southeast Asians have benefited greatly from this peace dividend.
—Huong Le Thu, Foreign Affairs, 18 Apr. 2023
In 1963, Egon Bahr, who in a few years would become the foreign-policy architect to the new Social Democratic chancellor Willy Brandt, outlined the policy of Ostpolitik, in which West Germany would seek rapprochement with the Eastern bloc and start trying to issue its own peace dividend.
—Thomas Meaney, Harper's Magazine, 26 Apr. 2024
There is also hope of a peace dividend in the Great Lakes region, in northeast Nigeria, and in Somalia.
—Homi Kharas, Foreign Affairs, 16 June 2015
The post–Cold War peace dividend has long since been spent.
—The Editors, National Review, 17 Oct. 2023
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Word History
First Known Use
1968, in the meaning defined above
Dictionary Entries Near peace dividend
Cite this Entry
“Peace dividend.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/peace%20dividend. Accessed 21 Nov. 2024.
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