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- DictionaryFlight cap·i·tal/flīt ˈkapədl/
noun
- 1. money transferred abroad to avoid taxes or inflation, achieve better investment returns, or to provide for possible emigration.
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- Capital flight
Economic event
Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a political event such as regime change or economic globalization. Such events could be an increase in taxes on capital or capital holders or the government of the country defaulting on its debt that disturbs investors and causes them to lower their v... Wikipedia
