peace dividend

noun

Definition of peace dividend

: 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 Too young to remember when defense spending dropped, the budget balanced and politicians bickered over a peace dividend. George Stanley, jsonline.com, 30 Aug. 2021 One of the great lost opportunities of the Cold War, which has extended well into the post-9/11 era, is that the United States never experienced a real peace dividend following World War II. Jacob Silverman, The New Republic, 12 July 2021 After the 1990s economic boom following the Cold War peace dividend, the ten-year average federal deficit fell to as little as 0.5 percent of the economy. Douglas Carr, National Review, 16 Oct. 2020 There have been times over my career when, for instance, during the peace dividend time, when a Cessna light aircraft crashed on the lawn of the White House. CBS News, 1 Jan. 2020 The peace dividend evaporated, along with the peace. Kevin D. Williamson, National Review, 29 Sep. 2019 The post-Cold War peace dividend brought congressional budget caps in the late 1990s that had the armed services yearning to jettison aging or underutilized bases. Sig Christenson, San Antonio Express-News, 3 May 2018 Shea is genuinely pleased by how far crime has fallen, and optimistic that CompStat can take advantage of the peace dividend to improve community relations. Chris Smith, Daily Intelligencer, 2 Mar. 2018 It is meant to offer the Palestinians a peace dividend, an incentive to accept his (perhaps) forthcoming political vision. The Economist, 27 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'peace dividend.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of peace dividend

1968, in the meaning defined above

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Time Traveler for peace dividend

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The first known use of peace dividend was in 1968

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Dictionary Entries Near peace dividend

Peace Democrat

peace dividend

peace dollar

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Last Updated

5 Sep 2021

Cite this Entry

“Peace dividend.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/peace%20dividend. Accessed 20 Sep. 2021.

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More Definitions for peace dividend

peace dividend

noun

English Language Learners Definition of peace dividend

: 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)

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