dollar-diplomacy

dollar diplomacy

noun
1.
a government policy of promoting the business interests of its citizens in other countries.
2.
diplomacy or foreign relations strengthened by the power of a nation's financial resources.

Origin:
1905–10, Americanism

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Collins
World English Dictionary
dollar diplomacy
 
n
1.  a foreign policy that encourages and protects capital investment and commercial and financial involvement abroad
2.  use of financial power as a diplomatic weapon

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

dollar diplomacy definition


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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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