flight capital

Definition

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.


Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z