A sum of public money that becomes available for other purposes when spending on defense is reduced.
- This need for global reach is a dimension of national security where the peace dividend that many sought with the end of the Cold War has proved elusive.
- That's equivalent to four pence on income tax - wait till you see the peace dividend from ending this war.
- Beyond this, the end of the cold war would bring a peace dividend both financial and political.
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Syllabification: peace div·i·dend
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