a foreign policy that encourages and protects capital investment and commercial and financial involvement abroad use of financial power as a diplomatic weapon
WordReference Random House Unabridged Dictionary of American English © 2026
dol′lar diplo′macy,
- Governmenta government policy of promoting the business interests of its citizens in other countries.
- Governmentdiplomacy or foreign relations strengthened by the power of a nation's financial resources.
- 1905–10, American.
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