capital flight

Noun

Meaning

capital flight (uncountable)

(economics) The rapid flow of money or assets out of a country in response to globalization or some other economic event.

Source: en.wiktionary.org

Examples

North and south must also adopt measures to arrest the growing phenomenon of illegal capital flight and the repatriation of illicit wealth siphoned abroad by corrupt political leaders and their collaborators back to their countries of origin. Olusegun Obasanjo

Capital flight is the order of the day whether there is a MOT or not. Source: Internet

The Hugo Chávez Story From Mud Hut to Perpetual Revolution, London: The Bodley Head, p386 Capital flight before and during the strike led to the reimposition of currency controls (which had been abolished in 1989), managed by the CADIVI agency. Source: Internet

Close letter words and terms

capital expense capital expenses capital fellow capital flow capital flows capital fund