danegeld

/ˈdeɪnɡɛld/
noun
  1. A tax paid in medieval England to buy off Viking raiders, especially Danes; used figuratively to mean any payment made to an aggressor to avoid conflict.
    • King Ethelred the Unready collected danegeld to stop Viking attacks on English villages.
    • In modern politics, critics sometimes call foreign aid to hostile nations a form of danegeld.
    • Some historians argue that paying danegeld only encouraged more raids.
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