flight capital definition

flight capital

Money that legally or illegally leaves a country for use or deposit in another country and almost never returns. These flows generally occur due to a lack of confidence in the home country's government and/or economy, inordinately high taxation, persecution, or discrimination of one kind or another.

flight capital is in the Accounting & Auditing, Banking, Commerce & Finance and Economics, Politics, & Society subjects.

flight capital appears in the definition of the following term: capital flight

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