peace dividend
noun
money cut by a government from its defense budget as a result of the cessation of hostilities with other countries.
Origin of peace dividend
First recorded in 1985–90
Words nearby peace dividend
peabody,
peabody bird,
peace,
peace and quiet,
peace corps,
peace dividend,
peace dove,
peace offensive,
peace offering,
peace officer,
peace pipe
Example sentences from the Web for peace dividend
After the Cold War, the peace-dividend consensus required a downsized Army.
British Dictionary definitions for peace dividend
peace dividend
noun
additional money available to a government from cuts in defence expenditure because of the end of a period of hostilities