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)
: a portion of funds made available for nondefense spending by a reduction in the defense budget (as after a war)
First Known Use of PEACE DIVIDEND
Rhymes with PEACE DIVIDEND
Seen & Heard
What made you want to look up peace dividend? Please tell us where you read or heard it (including the quote, if possible).