peace dividend definition by American Heritage Dictionary
nounThe American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
An amount of money taken from a defense budget and appropriated elsewhere in times of peace when less money is required for defense than in times of hostility or war.
peace dividend - Investment & Finance Definition
The increase to gross domestic product that comes from reallocating defense spending at the conclusion of a conflict to peacetime activities. The peace dividend was prominently seen after World War II.