dollar diplomacy

noun

1
: diplomacy used by a country to promote its financial or commercial interests abroad
2
: diplomacy that seeks to strengthen the power of a country or effect its purposes in foreign relations by the use of its financial resources

Examples of dollar diplomacy in a Sentence

Recent Examples on the Web Paraguay’s presidential election is a referendum on China’s dollar diplomacy in Latin America 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning. Diego Lasarte, Quartz, 4 May 2023 The bottom line is China’s ultimate objective is to institutionalize Sino-African public-private partnerships by utilizing dollar diplomacy to create an ecosystem to support strategic interests. Earl Carr, Forbes, 10 Feb. 2023 The tour was meant as a counterweight to China in a region where Beijing’s dollar diplomacy has bought significant influence. New York Times, 30 Nov. 2020

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'dollar diplomacy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1910, in the meaning defined at sense 1

Time Traveler
The first known use of dollar diplomacy was in 1910

Dictionary Entries Near dollar diplomacy

Cite this Entry

“Dollar diplomacy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollar%20diplomacy. Accessed 26 May. 2024.

More from Merriam-Webster on dollar diplomacy

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!