NATO
Definition
Acronym for the North Atlantic Treaty Organization (NATO): an intergovernmental military alliance established in 1949 by 12 founding members from North America and Europe, now comprising 32 nations committed to collective defense under Article 5.
In geopolitical slang, shorthand for the transatlantic security pact that's equal parts shield and spending spree.
Examples
NATO's procurement agency just paid a top official's brother over 80,000 euros—talk about keeping it all in the family business.
While allies bicker over Ukraine peace deals, NATO procurement scandals remind us corruption knows no borders.
Elbit Systems got suspended from NATO bids amid corruption probes, proving even arms deals have their off days.
New NATO chief Mark Rutte warns of Russian threats, but first, let's audit those nepotistic bonuses.