dollar diplomacy


noun

a government policy of promoting the business interests of its citizens in other countries.
diplomacy or foreign relations strengthened by the power of a nation's financial resources.

Origin of dollar diplomacy

An Americanism dating back to 1905–10

British Dictionary definitions for dollar diplomacy

dollar diplomacy

noun mainly US

a foreign policy that encourages and protects capital investment and commercial and financial involvement abroad
use of financial power as a diplomatic weapon

Cultural definitions for dollar diplomacy

dollar diplomacy

The use of diplomatic influence, economic pressure, and military power to protect a nation's economic and business interests abroad. The term was first used to describe the exploitative nature of United States involvement in Latin America.