Definitions for peace dividend
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Random House Webster's College Dictionary
peace′ div`idend(n.)
money cut by a government from its defense budget as a result of the cessation of hostilities with other countries.
Category: Government
Wiktionary
peace dividend(Noun)
an economic benefit gained from a reduction in defence spending, especially a fund of public money that would be available for other purposes
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"peace dividend." Definitions.net. STANDS4 LLC, 2013. Web. 19 Jun 2013. <http://www.definitions.net/definition/peace dividend>.