Definition of "neocolonialism" []

• A policy whereby a major power uses economic and political means to perpetuate or extend its influence over underdeveloped nations or areas: "Strong elements of neocolonialism persist in the economic relations of the rich and poor countries” ( Scientific American). (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "When I use the term neocolonialism, it is to express a form of exploitation that is different from that of direct occupation and exploitation of countries."
• "Now then, we do not use the term neocolonialism to avoid the term imperialism."
• "I have wondered, upon hearing you on various occasions: Why is the term neocolonialism used instead of the term imperialism in the speeches I read as an economics student?"