Meaning of Hay-Pauncefote Treaty

Hay'-Paunce'fote Trea"ty

Pronunciation: (hā'pôns'foot), [key]
  1. an agreement (1901) between the U.S. and Great Britain giving the U.S. the sole right to build a canal across Central America connecting the Atlantic and Pacific. Cf. Clayton-Bulwer Treaty.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.