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If the americans started a social term called Modern Imperialism is there also a Modern Colonialism?

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because on what i have observed american started this modern imperialism but i want to know if there is a modern colonialism? for me this is my definition of modern colonialism: a country that transfer their citizens or people to other countries to live their for temporary or permanent, just to gain access and trade benefits with other countries

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  1. I'm quite sure that Modern colonialism means that one country colonize another not by migration of population but rather economically (by capital) or politically (by paying/controlling local government/politics) and in some rare cases using limited military colonization (USA-Iraq) to make slave-country to work for wealth/benefit of host-country using different tools (partially described above, other may include nice-sounding rhetoric's, speculation, lie, misleading, etc.)

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