a time or period of peace: a large navy even in peacetime.
of or for such a period: peacetime uses of atomic energy.

1545–55; peace + time Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
peacetime (ˈpiːsˌtaɪm)
a.  a period without war; time of peace
 b.  (as modifier): a peacetime agreement

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
We had the luxury of conducting that debate in a peacetime setting that allowed
  us to make a rational decision.
But critics and boosters alike say unmanned aircraft will increasingly be used
  for peacetime work.
In addition, it is looked upon as an example to other nations to return to a
  peacetime structure.
Even in peacetime, few foreigners penetrated its nearly roadless wilderness.
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