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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.


dollar diplomacy

noun

  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” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


dollar diplomacy

  1. 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 .


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Word History and Origins

Origin of dollar diplomacy1

An Americanism dating back to 1905–10
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Example Sentences

It was called by its friends "dollar diplomacy," meaning the promotion of American commercial interests by diplomatic agencies.

It was soon made clear that there was to be no more dollar diplomacy.

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