protectionist Definition

1. The action of protecting or condition of being protected; shelter, refuge, cover, safety or care.

Thesaurus: surety, care, safety, custody, defence, charge, guardianship, guarding, preservation, safekeeping, protecting, wardship; Antonym: abandonment, neglect.
2. Something that protects.

Thesaurus: shelter, shield, covering, cover, umbrella, barrier, guard, buffer, screen, aegis, bulwark, armour, refuge, safeguard; Antonym: attack, threat.
3. The system of protecting home industries against foreign competition by taxing imports.

Form: protectionism (also)
4a. colloq
The criminal practice of extorting money from shop-owners, etc in return for leaving their premises unharmed;
4b. colloq
The money extorted in this way.
Form: protection money (also)
5. Insurance cover.